Guam § 4506 - Prepayment of Loan.
Full text of Guam Guam Code Annotated § 4506 — Prepayment of Loan., with citation guidance and answers to common questions.
§ 4506. Prepayment of Loan.
Any prepayment of a loan, which prepayment shall be at the
option of the borrower, under any of the programs authorized by
this Chapter, shall be applied to the first or second mortgage, at
the option of the borrower.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 4506
What does Guam Code Annotated § 4506 cover?
Section 4506 ("Prepayment of Loan.") 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 § 4506?
A common citation format is "Guam Code Annotated § 4506" (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 § 4506 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.