Terms Used In 12 Guam Code Ann. § 10240

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Statute: A law passed by a legislature.
This Article shall be liberally construed to carry out the objects and purposes and the declared policy of Guam as in this Article set forth. Nothing contained in this Article shall be construed directly or by implication to be in any way in derogation or limitation of powers conferred upon or existing in the Authority or the Board by virtue of any provisions of the Organic Act or laws of Guam.

SOURCE: Added pursuant to the reenactment of this Article by P.L. 34-070:2 (Dec. 7, 2017).

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ARTICLE 3
PROHIBITION ON THE PRIVATIZATION, LEASE OR SALE OF THE JOSE D. LEON GUERRERO COMMERCIAL PORT

§ 10301. [Untitled].

§ 10301. [Untitled].

Unless otherwise explicitly authorized by statute, the Board of Directors of the Jose D. Leon Guerrero Commercial Port is hereby prohibited from expending anything of value, either through cash or in- kind, directly or indirectly, or executing any solicitations through the Request for Proposal or Request for Information, or invitation to bid consistent with Title 5 of the Guam Code Annotated, or to commission the development of a master plan, either through its employees, partners, or agents, exploring the sale or lease of the Port. Let it be known, therefore, to anyone contemplating this notion that the Port is not to be privatized, leased or sold.

SOURCE: Added by P.L. 27-060:1 (Dec. 21, 2003). Repealed and reenacted by
P.L. 31-035:2 (Apr. 18, 2011).

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

2014 NOTE: As added by P.L. 27-060:1 (Dec. 21, 2003), this Chapter was entitled “”Jose D. Leon Guerrero Commercial Port Public-Private Partnership”” and included the following provisions:

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