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5 GCA § 7.07

Absolute Obligation of Government

Guam Code AnnotatedTitle 5 — Government Operations
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Nothing in § 7.06 or in any other provision of this indenture, or in the Bonds, contained shall affect or impair the obligation of the Government, which is absolute and unconditional, to pay the principal or Redemption Price of and interest on the Bonds to the respective Holders of the Bonds at their respective dates of maturity, or upon call for redemption, as herein provided, but only out of the Revenues and other assets herein pledged therefor, or affect or impair the right of such Holders, which is also absolute and unconditional, to enforce such payment by virtue of the contract embodied in the Bonds.

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