SOURCE: GC § 12010 added by P.L. 11-119 (Feb. 23, 1972). Amended by P.L. 20-105:1 (Oct. 16, 1989). Repealed by P.L. 36-071:13 (Dec. 27,
2021).

2022 NOTE: Prior to its repeal, this provision stated in its entirety:

There is hereby created the Farmer’s and Fishermen’s Small Loan
Revolving Fund (the “Fund”) to grant loans to farmers and fishermen ofGuam. In granting such loans, the Director shall, subject to the Adminis- trative Adjudication Law, promulgate all rules and regulations necessary for the operation of the Fund; provided, that loans granted under the Fund shall not exceed Fifty Thousand Dollars ($50,000) per farmer or fishermen in either or both of the classes of loans in § 12010.1 below, and that interest charged on each loan shall not exceed four percent (4%) per annum.