Title 48 of the U.S. Code § 1425a - Legislative authority to create authorities; appointment of members; powers of authorities
Full text of § 1425a from Title 48 of the United States Code.
§ 1425a. Legislative authority to create authorities; appointment of members; powers of authorities
The Legislature of Guam may by law grant to a public corporate authority, existing or to be created by or under such law, powers to undertake urban renewal and housing activities in Guam. Such legislature may by law provide for the appointment, terms of office, or removal of the members of such authority and for the powers of such authority, including authority to accept whatever benefits the Federal Government may make available, and to do all things, to exercise any and all powers, and to assume and fulfill any and all obligations, duties, responsibilities, and requirements, including but not limited to those relating to planning or zoning, necessary or desirable for receiving such Federal assistance, except that such authority shall not be given any power of taxation, nor any power to pledge the faith and credit of the territory of Guam for any loan whatever.
(Pub. L. 88–171, §1, Nov. 4, 1963, 77 Stat. 304.)
Editorial Notes
Codification
Section was not enacted as part of the Organic Act of Guam which comprises this chapter.
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48 U.S.C. § 1425a is part of Title 48 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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