Guam § 22426 - Conflict of Interest.
Full text of Guam Guam Code Annotated § 22426 — Conflict of Interest., with citation guidance and answers to common questions.
§ 22426. Conflict of Interest.
(a) Notwithstanding any provision of law to the contrary
whenever an Authority of the government sells bonds at a private
sale, no person standing in a fiduciary relationship with the
Authority shall purchase any of the bonds.
COL4/6/2022
(b) As used in this Section, person means a natural person,
corporation, partnership, trust or the employer of a natural person.
(c) If the provisions of this Section are violated then the sale
of the bonds to the violating person shall be deemed null and void
ab initio.
(d) Bonds unsold at bona fide public offerings can be held by
the underwriters at the bona fide public offering prices, less the
underwriter’s discount.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 22426
What does Guam Code Annotated § 22426 cover?
Section 22426 ("Conflict of Interest.") 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 § 22426?
A common citation format is "Guam Code Annotated § 22426" (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 § 22426 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.