Guam § 22955 - Valid and Binding Obligations, Collection of
Full text of Guam Guam Code Annotated § 22955 — Valid and Binding Obligations, Collection of, with citation guidance and answers to common questions.
§ 22955. Valid and Binding Obligations, Collection of
Revenue.
The bonds of the issue authorized by this Article shall
constitute the valid and binding limited obligations of the
Government. All officers charged by law with any duty in the
collection of any revenues from which debt service on the issue is
payable shall do every lawful thing necessary to collect the money
necessary for such purpose. The validity of any such bonds shall
not be affected by the validity or regularity of any proceedings for
the implementation of the infrastructure improvement projects
funded by either the prior obligations or the new money bonds.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 22955
What does Guam Code Annotated § 22955 cover?
Section 22955 ("Valid and Binding Obligations, Collection of") 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 § 22955?
A common citation format is "Guam Code Annotated § 22955" (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 § 22955 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.