4 GCA § 4305
Group Home Mortgage Insurance
View official PDF ↗(a)I Maga’håga/Maga’låhi is authorized to enter into contracts with one or more insurance companies authorized to do business in Guam for home mortgage insurance for all employees or separate groups of employees of the government of Guam.
(b)All participation by employees in such contracts of home mortgage insurance shall be on a voluntary basis. The government of Guam shall also provide payroll deductions for the payment of premiums.
(c)Employees as used in this Section includes officers and retired employees and survivors of retired employees who are receiving annuity benefits. CH. 4 PERSONNEL POLICY AND THE CIVIL SERVICE COMMISSION
§ The story of this section
- Enacted by P.L. 12-213 § 2 (bill & sponsor pending — earlier Legislature not yet ingested)
- Amended by P.L. 16-23 § 14 (bill & sponsor pending — earlier Legislature not yet ingested)
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.