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Mostrando ítems 1 a 9 de 4.
  1. Library Resource
    Legislación
    Micronesia, Oceanía

    This Chapter provides for selected matters relating to ownership of immovable property. Subject to certain exceptions, it declares that only citizens of the state of Pohnpei or corporations wholly owned by citizens of the state of Pohnpei may hold title to land in the state of Pohnpei. It refers to a provision of article 12 of the Pohnpei Constitution relative to acquisition of permanent interest in real property.

  2. Library Resource
    Legislación
    Micronesia, Oceanía

    This Act makes provision with respect to the creation of mortgages and consequences of such mortgages. The purpose of the Act is to establish a system of mortgage law in Yap State which will induce lenders to make secured commercial and residential loans, while at the same time ensuring that borrowers who execute mortgages of property in Yap State understand nature and consequences of the mortgage, and that the parties to the mortgage are protected against unfair practices.

  3. Library Resource
    Legislación
    Micronesia, Oceanía

    This Chapter places restrictions on the holding of land by foreigners in the State of Chuuk. It prescribes that only citizens of the Trust Territory or corporations wholly owned by citizens of the Trust Territory may hold title to land in the Trust Territory provided that the right, title, or interest of non-citizens or their heirs or devisees, in lands in the Trust Territory held by such persons prior to a specified date shall be safeguarded.

  4. Library Resource
    Legislación
    Micronesia, Oceanía

    This Act provides for the establishment of the Federated States of Micronesia Development Bank as a body corporate, defines its functions and powers and internal organization.The Bank shall be instrumental in: mobilizing additional financial resources for development; providing of loans for projects; technical assistance; and administration of trust funds and special funds. Foreign ownership of the Bank is prohibited because of the legal capacity of the Bank to acquire, own title to, dispose of, and otherwise deal in land and waters in the Federated States of Micronesia.

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