Guam § 4206 - Limitations on Interest Free Loans.
Full text of Guam Guam Code Annotated § 4206 — Limitations on Interest Free Loans., with citation guidance and answers to common questions.
§ 4206. Limitations on Interest Free Loans.
The total of Interest Free Loans and loans and grants
provided for in § 4206.1 shall not exceed Forty Thousand
Dollars ($40,000) per applicant. The total Loan to Value Ratio of
the combined Financial Institution loan and the Interest Free
Loan shall not exceed Ninety-Five Percent (95%) of the lower of
the appraised value or the selling price.
2017 NOTE: Internal reference was altered to reflect the renumbering of
4206a.
Frequently Asked Questions About Guam § 4206
What does Guam Code Annotated § 4206 cover?
Section 4206 ("Limitations on Interest Free Loans.") 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 § 4206?
A common citation format is "Guam Code Annotated § 4206" (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 § 4206 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.