Guam § 22825 - Excess Proceeds.
Full text of Guam Guam Code Annotated § 22825 — Excess Proceeds., with citation guidance and answers to common questions.
§ 22825. Excess Proceeds.
COL4/6/2022
In the event the proceeds of either the Bonds or the Loans are
in excess of the amounts needed to pay all the tax refunds due and
to pay for the costs of issuance and administration of such Bonds or
Loans, such excess shall only be used to redeem the Bonds or to
repay the Loans.
NOTE: Sections .01, .0101, .0102, .0103, .0104, .0105, .0106, .0107,
.0108, .0109, .0110, .0111, .011.2, .02, .0201, .0202, .0203, .0204, .0205,
.0206, .0207, .03, .04, and .05 have been changed to §§ 22802, 224803, et
seq. The section numbers in the original bill were amended to reflect the
current GCA format. Amended by Compiler in order to reflect the correct
citation.
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Frequently Asked Questions About Guam § 22825
What does Guam Code Annotated § 22825 cover?
Section 22825 ("Excess Proceeds.") 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 § 22825?
A common citation format is "Guam Code Annotated § 22825" (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 § 22825 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.