Guam § 68117 - Bonds or Notes Eligible for Investment.
Full text of Guam Guam Code Annotated § 68117 — Bonds or Notes Eligible for Investment., with citation guidance and answers to common questions.
§ 68117. Bonds or Notes Eligible for Investment.
Bonds or notes issued under the provisions of this Chapter are
hereby made securities in which all public officers and public bodies of
the Territory and its political subdivisions, all insurance companies, trust
companies, banking associations, investment companies, executors,
administrators, trustees and other fiduciaries may properly and legally
invest funds, including capital in their control or belonging to them. Such
bonds or notes are hereby made securities which may properly and
legally be deposited with and received by any territory or municipal
officer or any agency or political subdivision of the Territory for any
purpose for which the deposit of bonds, notes or obligations of the
Territory is now or may hereafter be authorized by law.
Frequently Asked Questions About Guam § 68117
What does Guam Code Annotated § 68117 cover?
Section 68117 ("Bonds or Notes Eligible for Investment.") 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 § 68117?
A common citation format is "Guam Code Annotated § 68117" (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 § 68117 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.