Guam § 3511 - Restrictions on Real Property Security.
Full text of Guam Guam Code Annotated § 3511 — Restrictions on Real Property Security., with citation guidance and answers to common questions.
§ 3511. Restrictions on Real Property Security.
(1) With respect to a regulated loan in which the principal is Five
Hundred Dollars ($500.00), or less, a lender may not contract for a
security interest in real property. A security interest taken in violation of
this Section is void.
(2) The amount of Five Hundred Dollars ($500.00) in Subsection
(1) is subject to change pursuant to the provisions on adjustment of dollar
amounts (§ 1106).
Frequently Asked Questions About Guam § 3511
What does Guam Code Annotated § 3511 cover?
Section 3511 ("Restrictions on Real Property Security.") 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 § 3511?
A common citation format is "Guam Code Annotated § 3511" (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 § 3511 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.