Purpose. — Guam Code § 23102
Guam Code § 23102 — Purpose.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 23102. Purpose.
The business incubator is responsible for providing professional office
space and professional office facilities to small business owners and
operators who are unable to afford office rental space at the going market
rate. The tenants of the business incubator shall be selected by the Guam
Small Business Incubator Board of Directors on the following basis:
(a) Require assistance in securing commercial office rental space.
(b) Require assistance to lease/purchase office equipment.
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(c) Unable to secure timely and/or sufficient resources through bank
loans or other means to begin business operations and secure rental space or
lease/ purchase office equipment.
The Guam Small Business Incubator Board of Directors shall elect
only clients who meet established financial qualifications, proving difficulty
in affording these facilities on their own at fair market value.
This facility is not designed to compete directly with private sector
businesses or to prevent such businesses from carrying out their functions in
the business community.
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 23102
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Purpose.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Guam Code Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Guam attorney.
Common questions
What is the source of Guam Code Annotated § 23102?
The text above is transcribed from the Guam Code Annotated, the codified statutes of Guam. The official publisher link appears under "Verify the text" on this page.
What subject does Guam Code Annotated § 23102 address?
It addresses "Purpose.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 23102 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Guam source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Guam law to your facts requires a licensed Guam attorney who can review the specifics.