Guam § 60351 - Loans to Cooperatives.
Full text of Guam Guam Code Annotated § 60351 — Loans to Cooperatives., with citation guidance and answers to common questions.
§ 60351. Loans to Cooperatives.
COL1/11/2022
Loans may be granted to cooperative associations engaged in
production, marketing, purchasing, processing and providing farm
business services, including:
(a) Facility loans to purchase or improve land, buildings
and equipment for an amount not to exceed $50,000 and a
term not to exceed 20 years.
(b) Operating loans to finance inventories of supplies,
warehousing, and other normal operating expenses for an
amount not to exceed $35,000 and a term not to exceed five
years.
Frequently Asked Questions About Guam § 60351
What does Guam Code Annotated § 60351 cover?
Section 60351 ("Loans to Cooperatives.") 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 § 60351?
A common citation format is "Guam Code Annotated § 60351" (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 § 60351 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.