Jose D. Leon Guerrero Commercial Port Construction

Fund. The proceeds from the sale of all bonds authorized by this Article shall be deposited forthwith to the credit of a fund to be designated as the Guam Port Authority Development Fund, which fund is hereby created, and shall be expended for the purposes authorized by this Article and the indenture subject to any limitations provided therein. This fund shall be a separate account within the Port Authority Fund (See § 10108 (b), this Title). SOURCE: Added by P.L. 13-087:1 (Oct. 31, 1975) as GC § 14066. Codified as 12 GCA § 10217, entitled Guam Port Authority Development Fund. Repealed and reenacted by P.L. 34-070:2 (Dec. 7, 2017).