{"data":{"id":"us-gu/12-gca-4505","jurisdiction":"us-gu","citation":"12 GCA § 4505","heading":"Performance and Payment Bonds.","body":"Contracts for the construction of Homes under the programs authorized by this Chapter shall require the builder to post one hundred percent (100%) performance and payment bonds, or the equivalent in securities, the beneficiaries of which shall be the Home Owner, the Financial Institution holding the first mortgage on the Home, and the Government, as the case requires.","path":["Title 12: Autonomous Agencies","Division 1 - Autonomous Agencies","Chapter 4: Guam Housing Corporation","ARTICLE 5: REQUIREMENTS AND REGULATIONS"],"source_url":"https://col.guamcourts.gov/sites/default/files/12gc004.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:21:58Z","sha256":"cc4f57da022ce8761dc987c6f3869776748b9a83f6c63afb5cb71aa8c498a4e0","source_id":"us-gu","stale":false,"prev":"us-gu/12-gca-4504","next":"us-gu/12-gca-4506"},"notice":"GroundRules: Original legal text. Not legal advice."}