48 U.S.C. § 1425a — Legislative authority to create authorities; appointment of members; powers of authorities

FEDERAL · 48 U.S.C. · Chapter 8A

Legislative authority to create authorities; appointment of members; powers of authorities

Current through Pub. L. 119-102

Title 48 — Territories and Insular Possessions·Ch. 8A — GUAM·Subch. V

The Legislature of Guam may by law grant to a public corporate authority, existing or to be created by or under such law, powers to undertake urban renewal and housing activities in Guam. Such legislature may by law provide for the appointment, terms of office, or removal of the members of such authority and for the powers of such authority, including authority to accept whatever benefits the Federal Government may make available, and to do all things, to exercise any and all powers, and to assume and fulfill any and all obligations, duties, responsibilities, and requirements, including but not limited to those relating to planning or zoning, necessary or desirable for receiving such Federal assistance, except that such authority shall not be given any power of taxation, nor any power to p

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The Legislature of Guam may by law grant to a public corporate authority, existing or to be created by or under such law, powers to undertake urban renewal and housing activities in Guam. Such legislature may by law provide for the appointment, terms of office, or removal of the members of such authority and for the powers of such authority, including authority to accept whatever benefits the Federal Government may make available, and to do all things, to exercise any and all powers, and to assume and fulfill any and all obligations, duties, responsibilities, and requirements, including but not limited to those relating to planning or zoning, necessary or desirable for receiving such Federal assistance, except that such authority shall not be given any power of taxation, nor any power to pledge the faith and credit of the territory of Guam for any loan whatever.

48 U.S.C. § 1425a (Legislative authority to create authorities; appointment of members; powers of authorities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 88–171, §1, Nov. 4, 1963, 77 Stat. 304.)

Editorial Notes

Editorial Notes

Codification
Section was not enacted as part of the Organic Act of Guam which comprises this chapter.