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48 U.S.C. § 1425b — Issuance of notes, bonds, and obligations
Federal law — U.S. Code and appendices · legal_authorities
The Legislature of Guam may by law authorize such authority, any provision of the Organic Act of Guam [[48 U.S.C. 1421](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title48-section1421&num=0&edition=prelim) et seq.], or any other Act of Congress to the contrary notwithstanding, to borrow money and to issue notes, bonds, and other obligations of such character and maturity, with such security, and in such manner as the legislature may provide. Such notes, bonds, and other obligations shall not be a debt of the United States, or of Guam other than such authority, nor constitute a debt, indebtedness, or the borrowing of money within the meaning of any limitation or restriction on the issuance of notes, bonds, or other obligations contained in any laws of the United States applicable to Guam or to any agency thereof.
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Source location: Title 48, Chapter 8A, § 1425b; chapter-8a-guam.md
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The Legislature of Guam may by law authorize such authority, any provision of the Organic Act of Guam [[48 U.S.C. 1421](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title48-section1421&num=0&edition=prelim) et seq.], or any other Act of Congress to the contrary notwithstanding, to borrow money and to issue notes, bonds, and other obligations of such character and maturity, with such security, and in such manner as the legislature may provide. Such notes, bonds, and other obligations shall not be a debt of the United States, or of Guam other than such authority, nor constitute a debt, indebtedness, or the borrowing of money within the meaning of any limitation or restriction on the issuance of notes, bonds, or other obligations contained in any laws of the United States applicable to Guam or to any agency thereof.
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Federal law — U.S. Code and appendices · legal_authorities
The territory ceded to the United States in accordance with the provisions of the Treaty of Peace between the United States and Spain, signed at Paris, December 10, 1898, and proclaimed April 11, 1899, and known as the island of Guam in the Marianas Islands, shall continue to be known as Guam.
Source: Supplied U.S. Code snapshot — release unconfirmed · 48 U.S.C. § 1421
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Federal law — U.S. Code and appendices · legal_authorities
Page 97
TITLE 48—TERRITORIES AND INSULAR POSSESSIONS
§ 1421
Sec.
1421b.
Bill of rights.
1421c.
Certain laws continued in force; modification
or repeal of laws.
1421d.
Salaries and allowances of officers and em-
ployees.
1421e.
Duty on articles.
1421f.
Title to property transferred.
1421f–1.
Acknowledgement of deeds.
1421g.
Establishment and maintenance of public
bodies and offices.
1421h.
Duties, taxes, and fees; proceeds collected to
constitute fund for benefit of Guam; pre-
requisites, amount, etc., remitted prior to
commencement of next fiscal year.
1421i.
Income tax.
1421j.
Authorization of appropriations.
1421k.
Designation of naval or military reservations;
closed port.
1421k–1 to 1421m. Repealed.
1421n.
Applicability of Federal copyright laws.
1421o.
Federal assistance for fire control, watershed
protection, and reforestation.
1421p.
Authorization of appropriations.
1421q.
Applicability of Federal laws.
1421q–1.
Applicability of laws referred to in section
502(a)(1) of Covenant to Establish a Com-
monwealth of the Northern Mariana Is-
lands.
1421r.
Port of Guam Improvement Enterprise Pro-
gram.
SUBCHAPTER II—THE EXECUTIVE BRANCH
1422.
Governor and Lieutenant Governor; term of
office; qualifications; powers and duties; an-
nual report to Congress.
1422a.
Removal of Governor, Lieutenant Governor,
or member of legislature; referendum elec-
tion.
1422b.
Vacancy in office of Governor or Lieutenant
Governor.
1422c.
Executive agencies and instrumentalities.
1422d.
Transfer of functions from government comp-
troller for Guam to Inspector General, De-
partment of the Interior.
SUBCHAPTER III—THE LEGISLATURE
1423.
Legislature of Guam.
1423a.
Power of legislature; limitation on indebted-
ness of Guam; bond issues;
Source: Supplied 2024 U.S. Code historical extraction · 48 U.S.C. § 1421
Stored review status: historical_2024_not_currentness_verified. The source passage cites 48 U.S.C. § 1421. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 119
TITLE 48—TERRITORIES AND INSULAR POSSESSIONS
§ 1425b
essary to effect payment of fair market value at
the time of acquisition, if it is determined that,
as a result of duress, unfair influence, or other
unconscionable actions, fair market value was
not paid.
(d) Employment of special masters or judges
The District Court of Guam may employ and
utilize the services of such special masters or
judges as are necessary to carry out the intent
and purposes hereof.
(e) Awards
Awards made hereunder shall be judgments
against the United States.
(f) Limitation on attorney’s fees; violation; pen-
alty
Attorney’s fees paid by claimants to counsel
representing them may not exceed 5 per centum
of any additional award. Any agreement to the
contrary shall be unlawful and void. Whoever, in
the United States or elsewhere, demands or re-
ceives any remuneration in excess of the max-
imum permitted by this section shall be guilty
of a misdemeanor and, upon conviction thereof,
shall be fined not more than $5,000 or imprisoned
not more than twelve months, or both. A reason-
able attorney’s fee may be awarded in appro-
priate cases.
(g) Availability of documents, records, and
writings to court
All agencies and departments of the United
States Government shall, upon request, deliver
to the court any documents, records, and
writings which are pertinent to any claim under
review.
(Pub. L. 95–134, title II, § 204, Oct. 15, 1977, 91
Stat. 1162; Pub. L. 96–205, title III, § 301(a), Mar.
12, 1980, 94 Stat. 87.)
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in subsec. (c), is Pub. L. 95–134,
Oct. 15, 1977, 91 Stat. 1159, popularly known as the Om-
nibus Territories Act of 1977. For complete classifica-
tion of this Act to the Code, see Tables.
CO
Source: Supplied 2024 U.S. Code historical extraction · 48 U.S.C. § 1425b
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