5 Guam Code Ann. § 30205
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Terms Used In 5 Guam Code Ann. § 30205
- 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.
Notwithstanding any law to the contrary, there shall be established a fund called “”The Office of the Attorney General Special Fund”” (the Fund). The Fund shall be maintained separate and apart from other funds of the government of Guam by the Department of Administration. All funds generated under this Article shall be deposited into the Fund. The Fund shall be used by the Attorney General for the reimbursement or recovery of the costs of its legal services and other related costs, including, but not limited to, funding the employment and assignment of an assistant attorney general and other staff to an agency, autonomous or semi-autonomous instrumentality or public corporation of the government of Guam. The Fund shall not be subject to I Maga’lahi’s transfer authority, and any lapses in the Fund will carry over into the next fiscal year.
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