Guam § 4307 - Interest Free Loan Schedules.
Full text of Guam Guam Code Annotated § 4307 — Interest Free Loan Schedules., with citation guidance and answers to common questions.
§ 4307. Interest Free Loan Schedules.
There are hereby established the following Interest Free
Loan Schedules to which this Article applies. The maximum
loan amount shall depend in each instance on the prevailing
GHC Rate at the time a loan is made.
(a) Interest Free Loan Schedule I.
GHC Rate Maximum Interest Free Loan
12.00% or more 50.00% of The Appraised Value
10.00% to 11.99% 48.00% of The Appraised Value
Less than 10.00% 46.00% of The Appraised Value
COL9/7/2021
(b) Interest Free Loan Schedule II.
GHC Rate Maximum Interest Free Loan
12.00% or more 48.00% of The Appraised Value
10.00% to 11.99% 46.00% of The Appraised Value
Less than 10.00% 44.00% of The Appraised Value
(c) Interest Free Loan Schedule III.
GHC Rate Maximum Interest Free Loan
12.00% or more 46.00% of The Appraised Value
10.00% to 11.99% 44.00% of The Appraised Value
Less than 10.00% 42.00% of The Appraised Value
(d) Interest Free Loan Schedule IV.
GHC Rate Maximum Interest Free Loan
12.00% or more 44.00% of The Appraised Value
10.00% to 11.99% 42.00% of The Appraised Value
Less than 10.00% 40.00% of The Appraised Value
2017 NOTE: Subsection designations added pursuant to the authority of
1 GCA § 1606.
Frequently Asked Questions About Guam § 4307
What does Guam Code Annotated § 4307 cover?
Section 4307 ("Interest Free Loan Schedules.") 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 § 4307?
A common citation format is "Guam Code Annotated § 4307" (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 § 4307 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.