Guam Plan of Internal Restructuring

State:
Multi-State
Control #:
US-CC-7-194
Format:
Word; 
Rich Text
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This sample form, a detailed Plan of Internal Restructuring document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Five territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands) are permanently inhabited, unincorporated territories; the other nine are small islands, atolls, and reefs with no native (or permanent) population.

The inflation data is sourced from the Bureau of Labor Statistics. Over the past 100 years, the U.S. federal debt has increased from $405 B in 1923 to $33.17 T in 2023.

By the 1700s, most of the settlements had formed into 13 British colonies: Connecticut, Delaware, Georgia, Maryland, Massachusetts, New Hampshire, New York, New Jersey, Virginia, North Carolina, Pennsylvania, Rhode Island, and South Carolina.

The US territories are part of the sovereign territory of the United States. Unlike the 50 states, they have no voting representation in the federal government, or Electoral College. With the exception of American Samoa, people born in US territories are natural born US citizens.

The U.S. has five permanently inhabited territories: Puerto Rico and the U.S. Virgin Islands in the Caribbean Sea, Guam and the Northern Mariana Islands in the North Pacific Ocean, and American Samoa in the South Pacific Ocean.

Commonwealth of the Northern Mariana Islands (CNMI): As of September 30, 2020, CNMI's total public debt outstanding was about $114.1 million, or about 12 percent of GDP ($938.8 million). This reflects CNMI's inability to borrow through capital markets in recent years.

The island territories of American S?moa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, and the U.S. Virgin Islands are rich with cultural and ecological resources, all of which fall under the jurisdiction of the Department of the Interior (DOI).

There are five major U.S. territories: Puerto Rico, U.S. Virgin Islands, American Samoa, Northern Mariana Islands, and Guam. A territory is a part of the United States that is not a state. Territories have their own local governments. They also must follow the laws of the U.S. federal government.

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Guam Plan of Internal Restructuring