Guam § 54104 - Responsibilities.
Full text of Guam Guam Code Annotated § 54104 — Responsibilities., with citation guidance and answers to common questions.
§ 54104. Responsibilities.
COL120106
12 GCAAUTONOMOUS AGENCIES
It shall be the responsibility of the Authority to: (a) provide the
needed funds; (b) assist in providing financial, marketing and
management information; (c) approve or disapprove specific proposals;
(d) approve loans and/or equity participation consistent with proposals;
(e) exercise continuing technical surveillance of each project. If, in
carrying out the provisions of this section, the Authority acquires equity
in any small business venture, the Authority shall provide appropriate
provision to dispose of the equity once the business becomes viable. The
recovery of this money is to be put back into the small business
development fund.
Frequently Asked Questions About Guam § 54104
What does Guam Code Annotated § 54104 cover?
Section 54104 ("Responsibilities.") 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 § 54104?
A common citation format is "Guam Code Annotated § 54104" (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 § 54104 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.