5 GCA § 22955: Valid and Binding Obligations, Collection of Revenue.
Where this section sits in the code
- Title 5: Government Operations
- Division 2 - Administration of the Government
- Chapter 22: General Fiscal Policies and Controls
- ARTICLE 10: LIMITED OBLIGATION INFRASTRUCTURE IMPROVEMENT BONDS
The bonds of the issue authorized by this Article shall constitute the valid and binding limited obligations of the Government. All officers charged by law with any duty in the collection of any revenues from which debt service on the issue is payable shall do every lawful thing necessary to collect the money necessary for such purpose. The validity of any such bonds shall not be affected by the validity or regularity of any proceedings for the implementation of the infrastructure improvement projects funded by either the prior obligations or the new money bonds.
Collected 2026-09-27T02:19:48Z. Source file · JSON