Guam § 221403 - Compact Impact Grants.
Full text of Guam Guam Code Annotated § 221403 — Compact Impact Grants., with citation guidance and answers to common questions.
§ 221403. Compact Impact Grants.
Compact Impact Grant Anticipation Bonds issued by
GEDCA pursuant to the provisions of this Article and every
contract relating to the issuance of such bonds shall provide that
all financial obligations of the government of Guam in regard to
the portion of the principal of and interest on such bonds that shall
be paid from money available as Compact Impact Aid for Guam
under Section (104)(c)(6) of U.S. Public Law 99-239 and as
recently reauthorized in U.S. Public Law 108-188 for the next
twenty (20) years, pursuant to Federal laws and any agreement
shall be subject to continuing Federal appropriations of the money
available as Compact Impact Aid for Guam under Section
COL4/6/2022
(104)(c)(6) of U.S. Public Law 99-239 and as recently
reauthorized in U.S. Public Law 108-188 for the next twenty (20)
years, at a level equal to or greater than the amount needed to pay
principal and interest on the Compact Impact Grant Anticipation
Bonds.
Frequently Asked Questions About Guam § 221403
What does Guam Code Annotated § 221403 cover?
Section 221403 ("Compact Impact Grants.") 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 § 221403?
A common citation format is "Guam Code Annotated § 221403" (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 § 221403 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.