Authorization to Purchase Homes

I Maga’håga/Maga’låhi shall purchase homes located on private land described in §§ 68402 and 68403 of this Article on a replacement cost basis or on such other basis as the parties may mutually agree with consideration given to current mortgage interest rates, incidental cost and insurance to homeowners. SOURCE: GC § 13653 enacted by P.L. 17-054:4 (June 11, 1984) as amended by P.L. 18-014:7 (Sept. 1, 1985). 2026 NOTE: Reference to the “Governor” replaced with I Maga’håga/Maga’låhi pursuant to 5 GCA § 1510.