18 Guam Code Ann. § 10111
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Terms Used In 18 Guam Code Ann. § 10111
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Such corporations shall have the right to purchase, hold, mortgage, or sell real estate for its church, charitable, benevolent, or educational purposes by and with the consent of a majority of its membership.
SOURCE: CC § 510.