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Terms Used In 11 Guam Code Ann. § 130110

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
association shall pay interest at a rate not less than that paid on regular passbook savings accounts as calculated by the individual savings and loans on Guam on home mortgage escrow accounts.

SOURCE: GC §41458.1. Added by P.L. 15-95:2.

COL120106
11 Guam Code Ann. FINANCE & TAXATION
CH. 130 INVESTMENTS, LOANS AND BORROWING