Guam § 3104 - General Powers, Termination Date.

§ 3104. General Powers, Termination Date.

The Corporation shall have, and may exercise, the following

general powers in carrying on the activities specified in § 3103

of this Chapter:

(a) To have perpetual succession, unless sooner termi-

nated by law.

(b) To adopt, alter and use a corporate seal, which shall

be judicially noticed.

(c) To adopt, amend and repeal by laws and other rules,

regulations and directives governing the conduct of its

business, and the performance of the powers and duties

granted to or imposed upon it by law. No rule affecting the

general public, as opposed to its employees, shall become

effective without first complying with the Administrative

Adjudication Act.

(d) To sue and be sued in its corporate name.

(e) To determine the character of and the necessity for

its obligations and expenditures and the manner in which

they shall be incurred, allowed and paid, subject to any

limitation contained in any appropriation bill passed for the

Corporation and the conditions or qualifications in any grant

or gift received by the Corporation.

(f) To acquire, in any lawful manner, any property, real,

personal or mixed, tangible or intangible, and to hold,

maintain, use and operate the same, and to sell, lease,

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encumber or otherwise dispose of the same, whenever any

of the foregoing transactions are deemed necessary or

appropriate to the conduct of the activities authorized by

this Chapter, and on such terms and conditions as may be

prescribed by the Corporation.

(g) To enter into and perform such contracts, leases,

grant agreements, cooperative agreements or other transac-

tions with any agency or instrumentality of the United

States, or with any state, territory or possession, or any

political subdivision thereof, or with any person, firm,

association or corporation, public or private, as may be

deemed necessary or appropriate to the conduct of the

activities authorized by this Chapter, and on such terms and

conditions as may be prescribed by the Corporation.

(h) To execute all instruments necessary or appropriate

in the exercise of any of its functions.

(i) To directly employ or contract, with regard to the

provisions of the Personnel and Compensation Laws, for the

services of such clerical, technical, production and other

employees as may be necessary for the conduct of the

Corporation, to delegate to them such powers and to pre-

scribe for them such duties as may be deemed appropriate

by the Corporation or as may be set by law, to fix and pay

such compensation to them for their services as the

Corporation may determine with regard to the provisions of

the government of Guam Personnel and Compensation

Laws, to require bonds from such of them as the Corpora-

tion may designate, and to remove and discharge such

employees and other clerical, technical and production

personnel, likewise with regard to the provisions of

personnel laws and regulations.

(j) To accept gifts, donations of services or of property

of any description in aid of any of the activities authorized

by this Chapter.

(k) To take steps to solicit gifts, donation of services or

of property from the general public, from corporations and

from any other source found by the Corporation in aid of its

authorized activities, and to make this source of financing a

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major source of funds for the Corporation as soon as is

possible.

(l) To request from the Legislature annual appropria-

tions, and any necessary supplements thereto, said appro-

priations shall not exceed fifty percent (50%) of the total

budget to sustain the Corporation and its authorized activi-

ties. Any appropriation authorized by this Subsection shall

be contingent upon the Corporation’s having matching

funds available in the amount requested at the ratio of one

to one. Said appropriation shall be in addition to the funds

sought from non-governmental sources, or from federal

grants or assistance, or from any assistance which might be

received from quasi- governmental sources other than the

government of Guam.

(m) To construct, equip, operate and maintain facilities

necessary for the creation, production and transmission of

programs of the type authorized to be shown by the Corpo-

ration. This shall specifically include the power to hold, in

its own name, the FCC licenses required for the operation of

Educational TV Station, KGTF, now owned and operated by

the government of Guam.

(n) To create, produce, write, direct and transmit

educational and cultural television programming over the

facilities of the Corporation.

(o) To settle and adjust, claims held by it against other

persons or parties and by other persons or parties against the

Corporation.

(p) To take such action and carry on any other opera-

tions and do all that may be necessary or appropriate to

carry out the powers and duties herein or hereafter specifi-

cally granted to or imposed upon the Corporation.