12 GCA § 14207: Board to Declare Purpose and Maximum Amount of Bonds to Be Issued.
Where this section sits in the code
- Title 12: Autonomous Agencies
- Division 1 - Autonomous Agencies
- Chapter 14: Guam Waterworks Authority
- ARTICLE 2: GUAM WATERWORKS AUTHORITY REVENUE BONDS AND OTHER INDEBTEDNESS
Before issuing any bond or bonds, the Board shall declare the purpose for which the proceeds of the bonds proposed to be issued shall be expended and shall specify the maximum amount of bonds to be issued or sold for such purpose. Bonds shall not be issued or sold for such purpose in an amount exceeding such specified maximum.
Collected 2026-09-27T03:23:38Z. Source file · JSON