Guam § 23102 - Purpose.
Full text of Guam Guam Code Annotated § 23102 — Purpose., with citation guidance and answers to common questions.
§ 23102. Purpose.
The business incubator is responsible for providing professional office
space and professional office facilities to small business owners and
operators who are unable to afford office rental space at the going market
rate. The tenants of the business incubator shall be selected by the Guam
Small Business Incubator Board of Directors on the following basis:
(a) Require assistance in securing commercial office rental space.
(b) Require assistance to lease/purchase office equipment.
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(c) Unable to secure timely and/or sufficient resources through bank
loans or other means to begin business operations and secure rental space or
lease/ purchase office equipment.
The Guam Small Business Incubator Board of Directors shall elect
only clients who meet established financial qualifications, proving difficulty
in affording these facilities on their own at fair market value.
This facility is not designed to compete directly with private sector
businesses or to prevent such businesses from carrying out their functions in
the business community.
Frequently Asked Questions About Guam § 23102
What does Guam Code Annotated § 23102 cover?
Section 23102 ("Purpose.") 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 § 23102?
A common citation format is "Guam Code Annotated § 23102" (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 § 23102 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.