T·R
← Search

12 GCA § 1222

Bonds as Legal Investments

Guam Code AnnotatedTitle 12 — Autonomous Agencies
View official PDF ↗

Notwithstanding any other provisions of this Article, all general revenue bonds 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 the Government may be so deposited, and may also be used as security for the deposit of public moneys in banks in Guam.

§ The story of this section

  1. Amended by P.L. 16-93 (bill & sponsor pending — earlier Legislature not yet ingested)

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