Creation

There is hereby created the Guam Regional Transit Authority, a public corporation. The Guam Regional Transit Authority

(GRTA)shall have the exclusive franchise for the furnishing of public transportation within Guam and on its roads and highways. Except for private parking facilities and parking facilities maintained and operated by the Jose D. Leon Guerrero Commercial Port and the Antonio B. Won Pat International Airport Authority, Guam, GRTA shall have the exclusive franchise within the government of Guam to collect and administer fees for the furnishing, operation and maintenance of public parking on Guam.