§ 17129 Bonds Negotiable Except When Registered
§ 17149 Construction
§ 17102 Definitions
§ 17103 Powers of Board
§ 17104 Validity of Authorization and Issuance of Revenue Bonds
§ 17106 Board to Determine Issuance
§ 17107 Guam Not Liable for Bonds; Board Only Liable as Provided by Indenture
§ 17109 Designation of Trustee Under the Indenture
§ 17110 Duties and Powers of Trustee
§ 17111 Board\’s Powers Concerning Issuance
§ 17112 Issuance of Coupon or Registered Bonds and Interchange of\r\nOne for the Other
§ 17113 Interest on Bonds
§ 17114 Call or Redemption of Bonds Prior to Fixed Maturity Date
§ 17115 Place of Payment
§ 17116 Execution and Authentication of Bonds
§ 17117 Dates and Maturities of Bonds
§ 17118 Preparation of Bonds
§ 17119 Sale of Bonds
§ 17120 Security and Redemption of Bonds
§ 17121 Payments Which May be Made Out of the Proceeds of Sale of\r\nBonds
§ 17122 Pledge of Revenues
§ 17123 Temporary or Interim Bonds, Certificates or Receipts
§ 17125 Tax Exemptions
§ 17126 Bonds as Legal Investments and as Security for Performance of Any Act
§ 17127 Refunding Bonds
§ 17128 Principal Amount in Which Funding or Refunding Bonds May be Issued
§ 17129 v2 Bonds Negotiable Except When Registered
§ 17131 Board Has Full Charge of Completion of Projects
§ 17132 Title of Property to be in the University Subject to Trust\r\nDeclared in Favor of Bondholders; Tax Exemption
§ 17133 Powers of Board Over Project
§ 17134 Use or Other Funds for Project
§ 17135 Insurance Against Loss of Revenues
§ 17136 Insurance Against Public Liability and Property Damage and\r\nMatters Provided for in Indenture
§ 17137 Director of Administration to Prepare and Procure Printing and Engrossing
§ 17140 Limitations as to Competitive Projects
§ 17141 Right of Bondholders to Bring Action
§ 17142 University Construction Fund
§ 17143 University Revenue Fund
§ 17146 Investment of Money in Funds
§ 17148 Appropriation of Money in Funds
§ 17149 v2 Construction
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Terms Used In Guam Code > Title 17 > Chapter 17 - The University of Guam Revenue Bond Act of 1966

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Devise: To gift property by will.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Statute: A law passed by a legislature.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.