Guam § 2 - Authorization of Bonds.
Full text of Guam Guam Code Annotated § 2 — Authorization of Bonds., with citation guidance and answers to common questions.
§ 2. Authorization of Bonds.
Bonds may be issued hereunder from time to time in order to
carry out the purposes of the Act as in this Indenture provided.
The maximum principal amount of Bonds which may be issued
hereunder is not limited; subject, however, to the right of the
Government, which is hereby reserved, to limit or restrict, by
Supplemental Indenture, the aggregate principal amount of Bonds
which may at any time be issued and Outstanding hereunder, and
to such limits as may otherwise be imposed by law. The Bonds are
designated generally as the ‘Government of Guam Limited
Obligation Infrastructure Improvement Bonds’; each Series
thereof to bear such additional designation as may be necessary or
appropriate to distinguish such Series from every other Series of
Bonds. The Bonds may be issued in such Series as from time to
time shall be established and authorized by the Government,
subject to the covenants, provisions and conditions herein
contained.
Frequently Asked Questions About Guam § 2
What does Guam Code Annotated § 2 cover?
Section 2 ("Authorization 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 § 2?
A common citation format is "Guam Code Annotated § 2" (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 § 2 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.