Guam § 4308 - Interest, Late Payment of Deduction Amount.
Full text of Guam Guam Code Annotated § 4308 — Interest, Late Payment of Deduction Amount., with citation guidance and answers to common questions.
§ 4308. Interest, Late Payment of Deduction Amount.
If an employee has authorized a payroll deduction pursuant to § 4307 of this Title and the government
fails to pay the payee the amount of the deduction on the day the paycheck is given the employee, then the
government shall pay interest and penalty charges as provided in this Section. If the deduction is for savings,
then the government shall pay the payee for credit to the employee’s account the amount of interest that the
employee lost because of the government’s late payment. If the deduction is for a loan, then the government
shall pay the payee for credit to the employee’s account the additional interest and any penalty that for
which the employee is liable because of the government’s late payment.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 4308
What does Guam Code Annotated § 4308 cover?
Section 4308 ("Interest, Late Payment of Deduction Amount.") 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 § 4308?
A common citation format is "Guam Code Annotated § 4308" (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 § 4308 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.