Guam § 74118 - Authorization for Use of Proceeds Resulting From the
Full text of Guam Guam Code Annotated § 74118 — Authorization for Use of Proceeds Resulting From the, with citation guidance and answers to common questions.
§ 74118. Authorization for Use of Proceeds Resulting From the
Authority’s Receipt of Damage Claims Awards.
Upon determination of the adverse economic impact and damage
done private landowners and the government of Guam resulting from
long term loss of use due to unduly restricted access and the maintenance
of unsafe land polluting dumps, the Authority is authorized and directed
to seek recovery of land, public rights in land, and all costs due private
landowners and the government of Guam. The money proceeds of this
recovery attributable to damage or loss of use of land belonging to the
government of Guam, if any, are earmarked for the Authority’s
development of parkland, beach and public amenities at Lot No. P04.1.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 74118
What does Guam Code Annotated § 74118 cover?
Section 74118 ("Authorization for Use of Proceeds Resulting From the") 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 § 74118?
A common citation format is "Guam Code Annotated § 74118" (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 § 74118 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.