Local Sale of Bonds

12 GCA § 51106, under Authorization to Refund Obligations to Achieve Savings.

12 GCA § 51106

GEDA shall undertake its best efforts to cause a portion of any bonds issued pursuant to this Chapter, to be offered for sale in Guam, as well as in other jurisdictions, if and to the extent that such offer and any sales resulting from such offer do not increase the cost to the government of Guam of issuing and repaying such bonds.