Guam § 5403 - Allocation of Proceeds from Sale or Disposal of Surplus Supplies.
Full text of Guam Guam Code Annotated § 5403 — Allocation of Proceeds from Sale or Disposal of Surplus Supplies., with citation guidance and answers to common questions.
§ 5403. Allocation of Proceeds from Sale or Disposal of Surplus Supplies.
Unless otherwise provided by law, the Chief Procurement Officer shall be empowered, pursuant to
regulations promulgated by the Policy Office, to allocate proceeds from the sale, lease or disposal of surplus
supplies.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 5403
What does Guam Code Annotated § 5403 cover?
Section 5403 ("Allocation of Proceeds from Sale or Disposal of Surplus Supplies.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 5403?
A common citation format is "Guam Code Annotated § 5403" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 5403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.