American Samoa § 24.2003 - Dollar limit on loans.
Full text of American Samoa American Samoa Code Annotated § 24.2003 — Dollar limit on loans., with citation guidance and answers to common questions.
§ 24.2003. Dollar limit on loans.
(a) No loan to any one person, together with the unpaid balance of any prior loan under this program, may exceed $5,000. (b) The limitation in subsection (a) does not apply to loans granted by the Development Bank of American Samoa under 24.2009. Amendments: 1977 Designed existing section as subsection (a) and added subsection (b).
Frequently Asked Questions About American Samoa § 24.2003
What does American Samoa Code Annotated § 24.2003 cover?
Section 24.2003 ("Dollar limit on loans.") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite American Samoa § 24.2003?
A common citation format is "American Samoa Code Annotated § 24.2003" (American Samoa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 24.2003 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in American Samoa.