5 Guam Code Ann. § 87136
Terms Used In 5 Guam Code Ann. § 87136
- Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Quorum: The number of legislators that must be present to do business.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(b) Composition. There is created within the Corporation a Kosas Board of Advisors. The Kosas Board of Advisors shall consist of five (5) members appointed by I Maga’lahen Guåhan, subject to the advice and consent of I Liheslaturan Guåhan, one (1) of whom may be a Saina representative, one (1) of whom may be a Manhoben representative, and one (1) of whom shall be a member with extensive formal experience or education in Guam History or Museum Administration.
(c) Term. Members of the Kosas Board shall serve a term of four (4) years, commencing with the date of appointment, and until their successors are appointed and qualified. When a vacancy occurs, it shall be filled by appointment of I Maga’lahen Guåhan for the remainder of the vacating member’s term with the advice and consent of I Liheslaturan Guåhan. Members serve at the pleasure of I Maga’lahen Guåhan and work directly with the Board of Trustees.
(d) Qualifications. Members of the Kosas Board shall be residents of Guam and must demonstrate extensive knowledge of Guam’s history and culture.
(e) Meetings. The Kosas Board of Advisors shall meet in regular session at least once each month and in special session as the Chairperson may deem necessary. The Chairperson shall be counted for a quorum. Three (3) Kosas members shall constitute a quorum and three
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5 Guam Code Ann. GOVERNMENT OPERATIONS
CH. 87 DIPATTAMENTON I KAOHAO GUINAHAN CHAMORRO
(DEPARTMENT OF CHAMORRO AFFAIRS)
(3) affirmative votes are required for the transaction of all business. All meetings of the Kosas Board of Advisors are open to the public, as provided by law.
(f) Officers. The Kosas Board shall annually elect from among its members a Chairperson and Vice-Chairperson.
(1) The Chairperson of the Kosas Board shall preside at all meetings, act as the spokesperson and perform other duties as the Kosas Board directs.
(2) The Vice-Chairperson shall succeed to the duties of the
Chairperson in the absence or inability of the Chairperson.
(3) From among its members, the Kosas Board may select a Secretary and any other officers which the Board may deem necessary, to serve on an annual basis.
(g) Compensation. Each member shall receive Fifty Dollars ($50.00) for attendance at any meeting of the Kosas Board, but this stipend shall not apply to more than two (2) meetings in any one (1) calendar month. No member shall receive any other compensation, but shall be reimbursed for actual travel, subsistence and out of pocket expenses incurred in the discharge of responsibilities, including authorized attendance at meetings off-Island, subject to the prior approval of the Kosas Board.
(h) Guam Museum Fund. There is established a fund known as the Guam Museum 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 Trustees. Twenty-five percent (25%) of all fees collected pursuant to § 66408 of Article 4, Chapter 66 of Division 2, Title 21 Guam Code Ann., shall be deposited into the Fund, and shall not lapse at the end of the fiscal year and shall continue until fully expended. All monies received by Kosas from sources other than government appropriations shall be deposited in the Guam Museum Fund for Kosas purposes.
SOURCE: Added by P.L. 25-069:1 (July 8, 1999), and amended by P.L. 33-
066:XII:33 (Sept. 5, 2015).
2016 NOTE: Subitem designations added to adhere to the Compiler’s codification and alpha-numeric schemes pursuant to authority granted by 1 Guam Code Ann. § 1606.