Guam § 17126 - Bonds as Legal Investments and as Security for Performance
Full text of Guam Guam Code Annotated § 17126 — Bonds as Legal Investments and as Security for Performance, with citation guidance and answers to common questions.
§ 17126. Bonds as Legal Investments and as Security for Performance
of Any Act.
Notwithstanding any other provision of law, all bonds sold and
delivered pursuant to the provisions of this Chapter are legal investments
for all trust funds and for the funds of all banks, both commercial and
savings, and may be deposited as security for the performance of any act
whenever any evidence of indebtedness of the Territory may be so
deposited, and may also be used as security for the deposit of public moneys
in banks in the Territory.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 17126
What does Guam Code Annotated § 17126 cover?
Section 17126 ("Bonds as Legal Investments and as Security for Performance") 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 § 17126?
A common citation format is "Guam Code Annotated § 17126" (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 § 17126 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.