Chapter 13 of Title 24 of the Chuuk State Code - Real Property Security Instruments Act of 1997.

This Act makes provision with respect to a deed of trust to be held by an independent authority for purposes of guaranteeing the repayment of debt and for the execution of such deed of trust and the transfer of property in the case the debt remains unpaid. The Act defines requisites and conditions for the sale of property and other rights in relation with the (execution of) a deed of trust.