3 Guam Code Ann. § 16312
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Terms Used In 3 Guam Code Ann. § 16312
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The provisions of § 16311 of this Article and Chapter shall apply in the case of any general obligation bond of the government of Guam in excess of Twenty-Five Million Dollars ($25,000,000), as well as in the case of the creation of any new fee for service proposed to be established in such cases where the fee is for a service already provided by the government of Guam prior to the establishment of the new fee, and where such service was previously funded through other revenues.
SOURCE: Added by P.L. 24-222:2 (July 29, 1998) as 3 Guam Code Ann. § 17321. Codified by Compiler as § 17312 to maintain the section number sequence within the chapter. Repealed and reenacted to this section by P.L. 31-255:2 (Dec. 11, 2012).
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3 Guam Code Ann. ELECTIONS
CH. 16 INITIATIVE, REFERNDUM AND LEGISLATIVE SUBMISSION
ARTICLE 4
LEGISLATIVE SUBMISSION