GroundRules
12 GCA § 10109: Fiscal Authority.
Where this section sits in the code
- Title 12: Autonomous Agencies
- Division 1 - Autonomous Agencies
- Chapter 10: Port Authority of Guam
- ARTICLE 1: PORT AUTHORITY OF GUAM
(a) There is hereby established a fund to be known as the Port Authority Fund which shall be maintained by the Board separate and apart from other funds of the government of Guam. Independent records and accounts shall be maintained in connection therewith.
(b) All moneys received by the Authority from whatever source derived shall be deposited in the Port Authority Fund in eligible banks as defined in 5 GCA § 21112.
(c) All expenditures including payments into sinking funds or other special accounts shall be made from the Port Authority Fund.
Collected 2026-09-27T03:22:58Z. Source file · JSON