Guam § 10 - Payment of Bonds after Discharge of Indenture.

Full text of Guam Guam Code Annotated § 10 — Payment of Bonds after Discharge of Indenture., with citation guidance and answers to common questions.

§ 10. Payment of Bonds after Discharge of Indenture.

Notwithstanding any other provisions of this Indenture, any

moneys held by the Trustee in trust for the payment of the

principal or Redemption Price of, or interest on, any Bonds and

remaining unclaimed for two years after the principal of all of the

Bonds has become due and payable (whether at maturity or upon

call for redemption or by acceleration as provided in this

Indenture), if such moneys were so held at such date, or two years

after the date of deposit of such moneys if deposited after said date

when all of the Bonds became due and payable, shall, upon

Request of the Government, be repaid to the Government free

from the mists created by this Indenture, and all liability of any

Fiduciary with respect to such moneys shall thereupon cease and

the Holders of such Bonds shall be entitled to look only to

Revenues held by the Government for payment of such Bonds;

provided, however, that before the repayment of such moneys to

the Government as aforesaid, the Trustee may (at the cost of the

Government) first publish at least once in a financial newspaper

or journal circulated in New York, New York, a notice, in such

form as maybe deemed appropriate by the Trustee, with respect to

the Bonds so payable and not presented and with respect to the

COL4/6/2022

provisions relating to the repayment to the Government of the

moneys held for the payment thereof.

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ARTICLE XI

MISCELLANEOUS

Source: official Guam text · Last verified 2026-08-27

Frequently Asked Questions About Guam § 10

What does Guam Code Annotated § 10 cover?

Section 10 ("Payment of Bonds after Discharge of Indenture.") 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 § 10?

A common citation format is "Guam Code Annotated § 10" (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 § 10 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.