4 Guam Code Ann. § 8168
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Terms Used In 4 Guam Code Ann. § 8168
- 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.
It is the intention of this Chapter that the payment of the required contributions by the Government shall be an obligation of the Government and all allowances, annuities, benefits and administration, custodial and audit fees shall be paid from the Fund.
SOURCE: GC § 4231.