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Terms Used In 12 Guam Code Ann. § 14212

  • Trustee: A person or institution holding and administering property in trust.
The Authority shall prescribe in any indenture the duties and powers of the trustee with respect to the issuance, authentication, sale and delivery of the bonds provided for in such indenture and with respect to the payment of principal of and interest on such bonds, the redemption thereof, the registration and discharge from registration thereof and the management of any and all funds provided as security therefore.

SOURCE: Added by P.L. 28-071:2 (Nov 3, 2005).