12 GCA § 72110
Conditions
View official PDF ↗Every borrower who receives a loan shall comply with the following conditions:
(a)Expend no portion of the loan for purposes other than those specified in this Chapter; and
(b)Make specific arrangements with the Clerk of Court, or claimant’s attorney, to direct that payment from the proceeds received from a judgement shall be made to the Land Claimants Small Loan Revolving Fund in repayment of his or her obligations to the Corporation.
§ The story of this section
- Enacted by P.L. 16-111 (bill & sponsor pending — earlier Legislature not yet ingested)
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.