Chapter 15 of Title 24 of the Chuuk State Code - Deeds of Trust.
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LEX-FAOC078945
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This Chapter concerns the establishment of deeds of trust in respect Chuuk land and in favour of the United States Government through the Farmers Home Administration or other federal agencies. The deed of trust shall secure the financing of real estate projects and transactions by the United States of America. The Chapter also provides for judicial and non-judicial foreclosure related to the deed of trust.