18 GCA § 47105

Annual Rate

Guam Code AnnotatedTitle 18 — Business Structure and Function

COL120106 CH. 47 LOAN OF MONEY When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.

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