Guam § 17120 - Security and Redemption of Bonds.
Full text of Guam Guam Code Annotated § 17120 — Security and Redemption of Bonds., with citation guidance and answers to common questions.
§ 17120. Security and Redemption of Bonds.
The Board may provide for the security of bonds. The Board may use
and expend all or any part of any funds or proceeds of any property owned
by it (including any moneys in the University Auxiliary Services Fund
whether received by gift, appropriation or otherwise, if not restricted as to
the use of such funds or proceeds or property by the terms of any gift or
trust or provision of law, for the redemption of bonds issued pursuant to the
provisions of this Chapter and the payment of interest due thereon. None of
the provisions of said [§ 11841] shall be construed as a restriction as to the
use of funds for any purpose of this Chapter.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 17120
What does Guam Code Annotated § 17120 cover?
Section 17120 ("Security and Redemption of Bonds.") 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 § 17120?
A common citation format is "Guam Code Annotated § 17120" (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 § 17120 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.