12 Guam Code Ann. § 8238
Current as of: 2023 | Check for updates
|
Other versions
Moneys in the Guam Power Authority Construction Fund may be invested by the Treasurer and any revenues in any other fund or account held by the Treasurer or by the Director of Administration or his agent may be invested by the Treasurer or Director of Administration or his agent, as the case may be, subject to such limitations as may be provided in any indenture providing for the issuance of bonds. All securities in which any such moneys are invested and all other investments made under the provisions of this Article shall be held by the Treasurer or the Director of Administration or his agent, as the case may be, as custodian thereof. All interest or other earnings received pursuant to such investments shall be collected by the Treasurer or the Director of Administration or his agent, as the case may be, and shall be deposited to the credit of the fund or account from which
55
COL 6/21/2023
12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 8 GUAM POWER AUTHORITY
such interest or other earnings are derived, unless otherwise provided in an indenture.
SOURCE: GC § 21587.
