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Terms Used In 5 Guam Code Ann. § 1606

  • Grantor: The person who establishes a trust and places property into it.
  • 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.
31, 2011, unless the federal grantor agency authorized the extension of time for the obligation or expenditure of grant funding.