Short Title

Definitions. Powers of the Board; Incurring Indebtedness and Issuing Bonds; Special Obligations and Not Indebtedness; Pledge, Lien, Priority and Trust Fund. Amounts and Rates of Charges; Refunds. Maximum Amount, Purpose of and Term of Bonds. Form of and Recitals in Bonds. Indenture Providing Terms and Conditions of Bonds. Issues, Series and Divisions of Bonds. Interest on Bonds. Issuance and Interchange of Coupon and Registered Bonds. Redemption of Bonds Prior to Maturity. Places and Manner of Payment. Covenants and Agreements That May be Contained in Indenture. Bonds Negotiable Except When Registered. Trustee for Board and Holders of Bonds. Duties and Powers of Trustee. Guam Economic Development Authority Mortgage Fund. Use of Balances of Funds and of Surplus Money in Funds. Preparation of Bonds and Documents. Execution and Authentication of Bonds. Sale of Bonds; Maximum Discount. Payment of Bonds From Sources Other Than Revenues. Payments Which May be Made Out of Proceeds of Sale of Bonds. Temporary Bonds. Replacement of Bonds or Coupons. Tax Exemptions. Bonds as Legal Investments and as Security for Performance of Any Act. Refunding Bonds. Principal Amount in Which Refunding Bonds May be Issued. Title in Authority Subject to Trust in Favor of Bondholders. COL120106 CH. 66 MORTGAGE REVENUE BONDS