37 chapters · 1,172 sections in this title.
12 GCA § 68117 Bonds or Notes Eligible for Investment
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Bonds or notes issued under the provisions of this Chapter are hereby made securities in which all public officers and public bodies of the Territory and its political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, a…
12 GCA § 68118 Refunding Bonds or Notes
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The Board is hereby authorized to provide pursuant to an indenture for the issuance of refunding bonds or notes for the purpose of refunding any bonds, notes or other forms of indebtedness then outstanding which COL120106 shall have been issued by a nonprofit or public agency for…
12 GCA § 68119 Officers Not Liable
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No member or officer of the Board shall be subject to any personal liability or accountability by reason of his execution of any bonds or notes or the issuance thereof. COL120106 SOURCE: GC §53608.18, as added by P.L. 12-69.
12 GCA § 68120 Tax Exemptions
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Bonds issued pursuant to the provisions of this Chapter and the interest or income therefrom are exempt from taxation in accordance with the provisions of the last sentence of § 11 of the Organic Act. The exercise of the powers granted by this Chapter will be in all respects for …