Establishment

There is established within the government of Guam a public corporation and an autonomous instrumentality called the Guam Memorial Hospital Authority. It shall have title to all real and personal property now or hereafter set aside for or conveyed to it. Its property shall be administered and disposed of according to law. All the rights, immunities, franchises and endowments heretofore granted thereto by Guam are hereby perpetuated unto the said Authority.