Guam § 85104 - Powers.
Full text of Guam Guam Code Annotated § 85104 — Powers., with citation guidance and answers to common questions.
§ 85104. Powers.
The Corporation shall have all the powers necessary and convenient to
carry out and perform the purposes and provisions of this Chapter, including
the following, in addition to other powers granted in this Chapter, and may:
(1) sue and be sued;
(2) have a seal and modify it;
(3) enter into and execute contracts and instruments of every kind and
nature, necessary or convenient to the exercise of its powers and functions;
(4) make and from time to time modify and repeal articles of
incorporation, bylaws, rules and regulations, not inconsistent with this
Chapter, providing for the internal organization and management of the
Corporation, for the administration of its affairs and operations, and for
carrying into effect the powers and purposes of the Corporation;
(5) borrow money from public and private sources which shall not be
considered public indebtedness of the government of Guam and give such
security, therefore, as may be required;
(6) apply for and accept advances, loans, grants, contributions, gifts,
donations, appropriations of funds and any other form of financial
assistance from any sources, public or private, for the purposes of this
Chapter, and enter into and carry out contracts in connection therewith; and
(7) acquire any personal or real property, by lease, option, purchase,
gift, grant, donation or bequest.
Frequently Asked Questions About Guam § 85104
What does Guam Code Annotated § 85104 cover?
Section 85104 ("Powers.") 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 § 85104?
A common citation format is "Guam Code Annotated § 85104" (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 § 85104 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.