Guam § 16139 - Long Term Leasing and Contracting.
Full text of Guam Guam Code Annotated § 16139 — Long Term Leasing and Contracting., with citation guidance and answers to common questions.
§ 16139. Long Term Leasing and Contracting.
Notwithstanding any other provision of law, including 21 GCA § 60112(a), the University of Guam is
authorized to lease its properties, with the exemption of University of Guam Lot No. 5397 to comply with
21 GCA § 681503, for a period up to but not exceeding thirty (30) years, without prior Legislative approval,
in order to create public-private partnerships as well as diversify the revenue streams of the University. The
University shall hold a public hearing and allow for sixty (60) calendar days for public comment before
executing such a lease. The University shall follow all appropriate laws and regulations to enter into any
lease for a period exceeding thirty (30) years.
Frequently Asked Questions About Guam § 16139
What does Guam Code Annotated § 16139 cover?
Section 16139 ("Long Term Leasing and Contracting.") 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 § 16139?
A common citation format is "Guam Code Annotated § 16139" (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 § 16139 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.