There is hereby created, separate and apart from other funds of the government of Guam, a fund known as the “”Guam Academy Charter School Fund (Fund).”” The Fund shall not be commingled with any other fund, and shall be kept in a separate bank account and administered by the Department of Administration for the operations of Guam Academy Charter Schools. The Guam Academy Charter School Council shall make

17 Guam Code Ann. EDUCATION
CH. 12 GUAM ACADEMY CHARTER SCHOOLS ACT OF 2009

quarterly reports of expenditures from the Fund and transmit said reports to I Liheslaturan Guåhan and the Office of Public Accountability.

SOURCE: Added by P.L. 29-140:1 (Jan. 30, 2009). Amended by P.L. 35-
029:8 (July 19, 2019).

COMMENT: Reference to Office of Public Auditor changed to Office of
Public Accountability pursuant to P.L. 30-027:2 (June 16, 2009).

§ 12120. [Untitled Section]. [Repealed.]
SOURCE: Added by P.L. 29-140:1 (Jan. 30, 2009). Repealed by P.L. 30-
176:17 (July 16, 2010).

2023 NOTE: Prior to its repeal, this untitled provision stated, in its entirety: “”All provisions of this Act shall expire on July 1, 2018, unless reenacted by I Liheslaturan Guåhan prior to expiration.””

§ 12121. [Untitled Section].

The Guam Academy Charter Schools Council shall recommend changes to this Act to I Liheslatura within thirty (30) days of its first meeting at which a quorum is present.

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