Guam § 4109 - Direct Loans to Veterans.
Full text of Guam Guam Code Annotated § 4109 — Direct Loans to Veterans., with citation guidance and answers to common questions.
§ 4109. Direct Loans to Veterans.
To assist in the housing needs of voting residents of Guam
who are veterans of the Armed Forces of the United States, who
served during the Second World War, during the Korean
Conflict, or during the war in Vietnam, and who were honorably
discharged from service, the Housing Corporation may make
direct loans to such veterans.
(a) Such loans shall be made from the Housing
Corporation’s Guarantee Fund and upon such terms and
conditions and under such rules and regulations as the
Board may prescribe.
COL9/7/2021
(b) It is the intent of the Legislature that such loans
may be made to such veterans whether or not adequate
financing is available on reasonable terms from a lending
agency.
(c) No loan in excess of Sixteen Thousand Dollars
($16,000) shall be made for the construction of a new home
provided that up to Two Thousand Dollars ($2,000) of such
amount may be used to purchase a homesite.
Frequently Asked Questions About Guam § 4109
What does Guam Code Annotated § 4109 cover?
Section 4109 ("Direct Loans to Veterans.") 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 § 4109?
A common citation format is "Guam Code Annotated § 4109" (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 § 4109 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.