Bonds authorized to be issued under this Article shall be sold by the
Authority for cash, in accordance with the provisions of a resolution

COL1312018
12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 10 PORT AUTHORITY OF GUAM

providing for such sale adopted by the Board. The bonds may be sold at either public or private sale, and upon such terms and conditions as shall be authorized by the Board, which may provide that the bonds may be sold at lesser or greater than their par or face value.

SOURCE: Added by P.L. 13-087:1 (Oct. 31, 1975) as GC § 14067. Codified as
12 Guam Code Ann. § 10218. Repealed and reenacted by P.L. 34-070:2 (Dec. 7, 2017).

2017 NOTE: This provision was originally enacted as Balances of Fund, which was reenacted by P.L. 34-070:2 (Dec. 7, 2017) as 12 GCA § 10234, Use of Balances of Funds and of Surplus Money in Funds.