Interest on Bonds

17 GCA § 17113, under The University of Guam Revenue Bond Act of 1966.

17 GCA § 17113

Bonds shall bear interest at a rate of not to exceed eight percent (8%) per annum, payable annually or semi-annually, or in part annually and in part semi-annually. SOURCE: GC § 11850.12. Amended by P.L. 24-275:8.