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Terms Used In 5 Guam Code Ann. § 6401

  • Contract: A legal written agreement that becomes binding when signed.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
(a) Creation. The Government Claims Fund is hereby created and established as an account which shall be separately identified and maintained by the Department of Administration. It shall consist of such funds as have been appropriated by I Liheslatura, for the purpose of paying tort claims pursuant to this Chapter and unspent on the effective date of this Chapter, and such appropriations made for this purpose thereafter.

(b) Upon the settlement of any claim by the Attorney General, or final judgment in any action under this Chapter, the Attorney General shall designate which line agency incurred theliability, which requires payment, and whether the liability arose under tort or contract. A report of settlements or judgments in any action under this Chapter shall be made to the Speaker of I Liheslaturan Guåhan every thirty (30) days.

(c) Records of the Department of Administration. The Department of Administration shall keep records of amounts paid out of the Government Claims Fund under the provisions of this Chapter on behalf of each line agency. This record shall be based on the designations as to agency and legal basis, the latter being made pursuant to subsection (b) of this Section.

SOURCE: Added by P.L. 17-029:1 (Nov. 9, 1983) as § 6500.40. Codified as 5 Guam Code Ann. § 6401. Subsection (a) amended by P.L. 27-142:4. Subsection (b) amended by P.L. 32-076:4 (Nov. 27, 2013).

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