17 GCA § 17132: Title of Property to be in the University Subject to Trust Declared in Favor of Bondholders; Tax Exemption.

Title to all property acquired by or for the Board and the revenues and income therefrom is in the University. The title to any moneys, revenues, sinking funds, reserve funds and other funds created by this Chapter, and the income thereof, pledged to the payment of the principal or interest of any bonds issued thereunder, is subject to trusts declared in favor of the bondholders. All such property, and in the income therefrom, are exempt from all taxation by the government of Guam or by any political subdivision or public corporation thereof.