5 Guam Code Ann. § 87134
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Terms Used In 5 Guam Code Ann. § 87134
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) There is established a fund known as the ‘Guam Archives Fund’ which the Trustees shall maintain separate and apart from other funds of the Corporation, the records of which shall be kept and maintained by the Board of Trustees. The Guam Archives Fund is under the general cognizance of the Trustees, which shall manage and use it for purposes as provided in §§ 87130-87135, Sagan Rikuetdon Guåhan B Confidentiality of Patron’s Records.
(b) All money received by the Sagan Rikuetdo from sources other than government appropriation shall be deposited in the Guam Archives Fund, which shall be in an interest bearing account.
(c) Except as otherwise provided by law, all non-appropriated expenditures of Sagan Rikuetdo shall be made from the Guam Archives Fund.