21 GCA § 60911
Credit Towards Ground Lease Payment
View official PDF ↗The Department of Land Management shall receive credits towards the ground lease payments due by deducting payments made on any mortgage, loan or other financing instruments for the construction of the building from the amount and of the ground lease.
§ The story of this section
- Enacted by P.L. 31-105 § 4 — introduced as Bill 208-31 · introduced by Vicente C. Pangelinan + 2 cosponsors
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.