Guam § 3510 - Use of Multiple Agreements to Obtain Higher Rate.
Full text of Guam Guam Code Annotated § 3510 — Use of Multiple Agreements to Obtain Higher Rate., with citation guidance and answers to common questions.
§ 3510. Use of Multiple Agreements to Obtain Higher Rate.
With respect to a regulated loan, no lender may permit any person,
or husband and wife, to become obligated in any way under more than
one (1) loan agreement with the lender or with a person related to the
lender, with the intent of obtaining a higher rate of loan finance charge
than would otherwise be permitted by the provisions on loan finance
charge for consumer loans (§ 3508). The excess amount of loan finance
charge provided for in agreements in violation of this Section are excess
charges for the purposes of the provisions on effect of violations on
rights of parties (§ 5201) and the provisions on civil actions by
Administrator (§ 6113).
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 3510
What does Guam Code Annotated § 3510 cover?
Section 3510 ("Use of Multiple Agreements to Obtain Higher Rate.") is part of the Guam Code Annotated, the codified statutory law of Guam. 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 Guam § 3510?
A common citation format is "Guam Code Annotated § 3510" (Guam). 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 Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 3510 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam 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 Guam.