12 GCA § 4310: Use of Trust Proceeds for Interest Free Loans.
Where this section sits in the code
- Title 12: Autonomous Agencies
- Division 1 - Autonomous Agencies
- Chapter 4: Guam Housing Corporation
- ARTICLE 3: GOVERNMENT PARTICIPATION LOAN ACT
Proceeds from the Trust shall be for Interest Free Loans in participation with an underlying mortgage by GHC. The Interest Free Loans shall be subordinate to the underlying first mortgage by GHC but shall not be subordinate to any other debt or debenture.
Collected 2026-09-27T03:21:58Z. Source file · JSON