Guam § 8211 - Director of Administration as Trustee for Board and Holders of Bonds.
Full text of Guam Guam Code Annotated § 8211 — Director of Administration as Trustee for Board and Holders of Bonds., with citation guidance and answers to common questions.
§ 8211. Director of Administration as Trustee for Board and Holders of Bonds.
(a) The Director of Administration or any agent designated by him shall act as trustee for the Board
and the holders of bonds issued hereunder and the Board may authorize the trustee to act on behalf of the
holders of the bonds or any stated percentage thereof and to exercise and prosecute on behalf of the holders
of the bonds such rights and remedies as may be available to the holders.
(b) The Board may provide in an indenture:
(1) for the deposit of all revenues with the Treasurer and for the holding thereof by the Treasurer
in one or more separate funds or accounts in the Guam Power Authority Revenue Fund created by §
8237; and
(2) for the transfer to such trustee of such portions of revenues as are provided as security for the
bonds and for the holding thereof by such trustee in one or more separate funds or accounts in said
Revenue Fund. All money in each such fund or account shall be disbursed only as provided herein and
in the indenture.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 8211
What does Guam Code Annotated § 8211 cover?
Section 8211 ("Director of Administration as Trustee for Board and Holders of Bonds.") 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 § 8211?
A common citation format is "Guam Code Annotated § 8211" (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 § 8211 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.