Guam Code > Title 10 > Chapter 79 – Special Assets Forfeiture Fund
Current as of: 2023 | Check for updates
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Other versions
§ 79101 | Creation of Fund |
§ 79102 | Assets Forfeited |
§ 79103 | Deposit |
§ 79104 | Expenditure |
§ 79105 | Report |
Terms Used In Guam Code > Title 10 > Chapter 79 - Special Assets Forfeiture Fund
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- 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.