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5 GCA § 22417

Use of Revenues, General Obligation Bonds

Guam Code AnnotatedTitle 5 — Government Operations
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From the date of issuance of the first bonds authorized by § 22416 of this Code, all revenues thereafter received by the government for deposit in the General Fund, other than revenues pledged or required for the payment of principal of and interest on the bonds authorized by § 22416 of this Code, shall be paid to the COL4/6/2022 CH. 22 GENERAL FISCAL POLICIES AND CONTROLS Retirement Fund until the payments to the Retirement Fund together with the proceeds, if any, of the bonds paid to the Retirement Fund, satisfying the accrued obligation of the General Fund of Forty-three Million Two Hundred Thousand Dollars ($43,200,000) to the Retirement Fund, with interest, if any, as provided by law. Thereafter, such revenues shall be available for appropriation as provided by law.

§ The story of this section

  1. Enacted by P.L. 18-41 § 2 (bill & sponsor pending — earlier Legislature not yet ingested)

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