21 GCA § 76606: Responsibilities of the Trust.

The Trust is subject to the following responsibilities:

(a) A fiduciary duty toward the funds and purposes of the Trust;

(b) The preparation of an annual audit report which is to be submitted to I Maga'lahen Guåhan [the Governor] and I Liheslaturan Guåhan [the Legislature] within sixty (60) days after the end of each fiscal year; and

(c) Establish guidelines relative to the Abatement of Taxes as provided in Section 21 of Public Law 20-151.