12 Guam Code Ann. § 14211
Terms Used In 12 Guam Code Ann. § 14211
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
- Trustee: A person or institution holding and administering property in trust.
(b) The Authority may provide in an indenture:
(1) for the deposit of all or any portion of the revenues with the Authority and for the holding thereof by the Authority in one or more separate funds or accounts in the Guam Waterworks Authority Revenue Fund; and
(2) for the transfer to the trustee of all or any portion of the revenues as are provided as security for the bonds and for the holding thereof by the trustee in one or more separate funds or accounts. All money in each such fund or account shall be disbursed only as provided herein and in the indenture.
SOURCE: Added by P.L. 28-071:2 (Nov 3, 2005).
2013 NOTE: Lower case roman numerals in subsections (b) were altered
to adhere to the Compiler’s alpha-numeric scheme in accordance to 1 Guam Code Ann.
§ 1606.