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37 chapters · 1,172 sections in this title.
12 GCA § 81101 Short Title
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This Chapter may be cited as the Guam Economic Development Authority Tobacco Settlement Revenue Bond Act.
12 GCA § 81102 Legislative Statement and Intent
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I Liheslaturan Guåhan [The Guam Legislature] hereby incorporates by reference and reiterates the findings made in Public Law Number 25- 187 concerning the sale and securitization of the tobacco settlement payments allocable to Guam under the Master Settlement Agreement between th…
12 GCA § 81103 Definitions
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As used in this Chapter, the following words and phrases are defined to mean: (a) Authority means the Guam Economic Development and Commerce Authority, as established by Chapter 50 of this Division. (b) Board means the Board of Directors of the Authority. (c) Bonds means bonds, n…
12 GCA § 81104 Tobacco Receipts; Assignment to Authority
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(a) The tobacco receipts due to the government after April 10, 2001 under the Master Settlement Agreement, and the government=s right to be paid tobacco receipts after April 10, 2001, under the Master Settlement Agreement, are hereby irrevocably and absolutely assigned to the Aut…