Administration. — Guam Code § 50303
Guam Code § 50303 — Administration.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 50303. Administration.
The following provisions shall govern the administration of this entire Chapter.
(a) Administrator. The Administrator of the Guam Economic Development Authority of the
Government of Guam (herein known as the Administrator) shall have the following duties, powers,
and authority:
(1) Establish procedures for receiving, responding to, and approval of applications to the
Program, which shall be submitted to the Speaker of I Liheslaturan Guåhan within thirty (30)
days of enactment. The Administrator shall notify each applicant, in writing, of the outcome of
the application no later than fifteen (15) days after a completed application package is received.
If an applicant to the Program is denied, the Administrator shall provide no later than three (3)
days after the decision, a written explanation on the basis of the denial. An applicant denied by
the Administrator may appeal the decision pursuant to § 50308 of this Article.
(2) Establish procedures for the periodic assessment of the Program which shall be
transmitted to the Speaker of I Liheslaturan Guåhan sixty (60) days after the close of the fiscal
year. The assessment, at a minimum, shall include the number of applicants to the Program, the
names of Program recipients, funds distributed for the year, the current balance of the Program,
and Program analysis on its legislative intent.
(3) Publish on the Guam Economic Development Authority website, sixty (60) days after
the close of the fiscal year, the number of applicants to the Program, the names of Program
recipients, the number of Program recipients, funds distributed for the year, the current balance
of the Program and Program analysis on its legislative intent.
(4) Establish criteria for the review and approval of Program applications consistent with
this Article and its intent.
(5) Promote and publish on the Guam Economic Development Authority website
information regarding the Program, its requirements, and benefits to small and mid-size business
owners.
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 50303
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Administration.
- Text: transcribed from the official source (verify below)
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Common questions
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It addresses "Administration.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
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