18 GCA § 37106

Rate of Interest

Guam Code AnnotatedTitle 18 — Business Structure and Function

Upon a contract of bottomry, the parties may lawfully stipulate for a rate of interest higher than that allowed by the law upon other contracts. But a competent court may reduce the rate stipulated, when it appears unjustifiable and exorbitant.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.