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Showing items 1 through 9 of 36.
  1. Library Resource
    Legislation
    Micronesia, Oceania

    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.

  2. Library Resource
    Legislation
    Micronesia, Oceania

    This Act specifies rules relative to the writing, transfer, foreclosure, etc. of a deed of trust and defines legal consequences and proceedings in relation with the creation or foreclosure of a deed of trust. A transfer in trust of an estate in real property may occur to secure the performance of an obligation or the payment of a debt. A transfer does not entitle the trustee or beneficiary to the possession of the property, except as provided in this Act. The Act also provides for the establishment of a loan guarantee escrow account by trustees.

  3. Library Resource
    Legislation
    Micronesia, Oceania

    The purpose of this Act is to establish a loan security programme for starting or expanding feasible, small-scale businesses in the State in support of the State public sector reform program and so as to enhance development of the private sector small businesses. Transfer of title in real property may be requested to back up security for loans.

  4. Library Resource
    Legislation
    Micronesia, Oceania

    This Act concerns the definition of a coordinate system for purposes of land survey in the State of Yap. The Chapter also gives some indications for a valid survey but does not require a purchaser or mortgager to entirely rely on the defined system. The Chapter also prescribes penalties for the offence of interfering with survey marks.

  5. Library Resource
    Legislation
    Micronesia, Oceania

    The purpose of this Act is to provide for the establishment of a Yap State Board for purposes of registration of land surveyors so that land surveys and maps for public record purposes may be attested by the registered surveyor who performed or supervised the work. The Act defines the practice of land surveying and defines prohibited practices.

  6. Library Resource
    Legislation
    Micronesia, Oceania

    This Chapter makes provision with respect to public land in the State of Yap. Its purpose is to designate the State Government to hold title to and manage and dispose of public lands within the State in trust for the people of the State. It also provides for conveyance of lands to the State Government. The Government may, subject to limitations, sell, lease, exchange, use, dedicate for public purposes, or make other disposition of such public lands pursuant to the laws of the State.

  7. Library Resource
    Legislation
    Micronesia, Oceania

    This Chapter defines offences of a miscellaneous character including: unauthorized disposition of certain foods by a person who has any responsibility for disposition of any food commodity donated under any program of the United States government or the State or Federated States of Micronesia government, violation of business license provisions; violation of section 401 of Title 18 (Conservation and Resources) is on unlawful acts of petroleum disposal; violation of public planning provisions; the keeping of any animal found to be a public nuisance; and the damaging of reefs.

  8. Library Resource
    Legislation
    Micronesia, Oceania

    This Chapter defines “offences against the Government” including: failure to respond to examination of a hovering vessel; removal or possession of Government property; tampering with boundary marks; violation of quarantine requirements regarding plants and animals; and violation of public health standards.

  9. Library Resource
    Legislation
    Micronesia, Oceania

    This Chapter requires the Department of Agriculture, Land and Fisheries to consider the impact on antiquities and traditional culture of Government action that might affect land or State waters. The Department shall report its findings to the Governor, the Legislature, and components of Government involved in the proposed action.

  10. Library Resource
    Legislation
    Micronesia, Oceania

    This Chapter requires the Governor of the State of Kosrae to submit to the Legislature a proposal of legislation for the regulation of the use of land and other forms of real property within one year following the taking effect of a piece of law called the "Compact of Free Association's".

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