Guam § 87107 - Corporate Use of Funds.
Full text of Guam Guam Code Annotated § 87107 — Corporate Use of Funds., with citation guidance and answers to common questions.
§ 87107. Corporate Use of Funds.
(a) The Corporation is authorized to use its funds, from whatever
source derived, in the exercise of its corporate powers and functions,
subject to the requirements of the funding source.
(b) The Corporation shall contribute to, or as authorized by
Legislative appropriation, provide for the government’s share of the costs
of retirement benefits applicable to the Corporation’s employees and
their beneficiaries. The Corporation shall provide Workers’
Compensation coverage for its employees.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 87107
What does Guam Code Annotated § 87107 cover?
Section 87107 ("Corporate Use of Funds.") 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 § 87107?
A common citation format is "Guam Code Annotated § 87107" (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 § 87107 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.