12 GCA § 66126

Tax Exemptions

Guam Code AnnotatedTitle 12 — Autonomous Agencies

Bonds issued pursuant to the provisions of this Chapter and the interest or income therefrom are exempt from taxation in accordance with the provisions of the last sentence of § 11 of the Organic Act. (§1423a, Title 48, U.S. Code.)

§ The story of this section

Enacted by P.L. 11-18 (bill & sponsor pending — earlier Legislature not yet ingested)

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