Guam § 22437 - Timing of Municipal Lease Payments.

Full text of Guam Guam Code Annotated § 22437 — Timing of Municipal Lease Payments., with citation guidance and answers to common questions.

§ 22437. Timing of Municipal Lease Payments.

For the budget act period of Fiscal Year 2018, and for each

subsequent budget act period thereafter, executive branch

agencies of the government of Guam shall amortize payments for

each municipal lease into equal monthly installments throughout

the fiscal year; provided, that any such amortization schedule for

its respective municipal lease does not contravene the provisions

of any indenture such that it would cause default or any other

negative impact to the credit rating of the government of Guam.

Source: official Guam text · Last verified 2026-08-27

Frequently Asked Questions About Guam § 22437

What does Guam Code Annotated § 22437 cover?

Section 22437 ("Timing of Municipal Lease Payments.") 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 § 22437?

A common citation format is "Guam Code Annotated § 22437" (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 § 22437 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.