Responsibilities. — Guam Code § 54104
Guam Code § 54104 — Responsibilities.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 54104. Responsibilities.
COL120106
12 GCAAUTONOMOUS AGENCIES
It shall be the responsibility of the Authority to: (a) provide the
needed funds; (b) assist in providing financial, marketing and
management information; (c) approve or disapprove specific proposals;
(d) approve loans and/or equity participation consistent with proposals;
(e) exercise continuing technical surveillance of each project. If, in
carrying out the provisions of this section, the Authority acquires equity
in any small business venture, the Authority shall provide appropriate
provision to dispose of the equity once the business becomes viable. The
recovery of this money is to be put back into the small business
development fund.
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 54104
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Responsibilities.
- Text: transcribed from the official source (verify below)
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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 § 54104?
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 § 54104 address?
It addresses "Responsibilities.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 54104 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Statutes are amended, repealed, and renumbered every session.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.
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No. This is a reference transcription for research. Applying Guam law to your facts requires a licensed Guam attorney who can review the specifics.