Guam § 54105 - Use of Funds.
Full text of Guam Guam Code Annotated § 54105 — Use of Funds., with citation guidance and answers to common questions.
§ 54105. Use of Funds.
Funds will be disbursed in accordance with the agreed terms of the
loan and in accordance with promulgated rules and regulations for
approved applications/projects. Collateral security will be obtained,
whenever possible, in accordance with established rules and regulations.
Funds so disbursed will be on the basis of an interest charge deemed
reasonable by the Authority. In addition, loan funds shall be disbursed on
a continuing and revolving basis, until such time as the project is self-
supporting.
Frequently Asked Questions About Guam § 54105
What does Guam Code Annotated § 54105 cover?
Section 54105 ("Use of Funds.") 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 § 54105?
A common citation format is "Guam Code Annotated § 54105" (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 § 54105 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.