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Terms Used In 5 Guam Code Ann. § 60309

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
There is hereby authorized to be appropriated $350,000 to the Farmers’ Small Loan Revolving Fund. All assets and liabilities of the Farmers’ Small Loan Revolving Fund as established by P.L.
9-121, as amended, are hereby transferred to the Farmers’ Small
Loan Revolving Fund of this Article.

SOURCE: GC § 12010.8 added by P.L. 11-119.