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12 GCA § 10225

Bonds as Legal Investments and as Security for

Guam Code AnnotatedTitle 12 — Autonomous Agencies
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Performance of Any Act. Notwithstanding any other provision of law, all bonds issued pursuant to the provisions of this Article are legal investments for all trust funds and for the funds of all banks, both commercial and savings and may be deposited as security for the performance of any act whenever any evidence of indebtedness of Guam may be so deposited COL1312018 CH. 10 PORT AUTHORITY OF GUAM and may also be used as security for the deposit of public moneys in banks in Guam.

§ The story of this section

  1. Enacted by P.L. 13-87 § 1 (bill & sponsor pending — earlier Legislature not yet ingested)
  2. Amended by P.L. 34-70 § 2 — introduced as Bill 157-34 · introduced by Frank B. Aguon, Jr + 3 cosponsors

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.