Act No. 7076 — An Act amending 29 V.I.C., chapter 14, section 902 relating to the authority of the Government Development Bank, amending 31 V.LC., §239 rel
ACT NO. 7O76 BILL NO. 28-0017 TWENTY-EIGHTH LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2009 An Act amending 29 V.I.C., chapter 14, section 902 relating to the authority of the Government Development Bank, amending 31 V.LC., §239 relating to contract bidding and making an appropriation to the Economic Development Authority for guarantying loans ---0--- Be it enacted by the Legislature of the Virgin Islands: SECTION 1. Title 29 Virgin Islands Code, chapter 14, section 902 is amended in the following instances: (a) Paragraph Third, subparagraph (C) is amended after “assistance” by inserting “and assist companies that require a performance bond, bid bond, or payment bond”; and (b) Paragraph Fourth is amended by designating subparagraph (H) as (1) and inserting a new subparagraph (H) that reads as follows: “(H) To establish reasonable fees for the financial, technical and managerial assistance and resources provided to businesses located in the Virgin Islands”. SECTION 2. …
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