Guam § 221406 - Selection of Participants.
Full text of Guam Guam Code Annotated § 221406 — Selection of Participants., with citation guidance and answers to common questions.
§ 221406. Selection of Participants.
In view of the urgency for the issuance of the bonds for the
purpose of financing the projects enumerated in § 221404 of this
Article, GEDCA is hereby authorized to utilize such method as it
deems appropriate for the selection of all participants in
connection with the issuance and sale of those bonds, including
trustees, depositories, paying agents, underwriters, counsel, any
credit enhancement provider and any other participants; provided,
however, that such selection shall be subject to any provision of
law which requires bidding, other competitive process, or any
COL4/6/2022
other procedure with respect to such selection, except that
GEDCA may limit the Requests for Proposals for services
associated with the issuance of the bonds to those firms that have
previously participated in bond issues for Guam.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 221406
What does Guam Code Annotated § 221406 cover?
Section 221406 ("Selection of Participants.") 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 § 221406?
A common citation format is "Guam Code Annotated § 221406" (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 § 221406 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.