19 Guam Code Ann. § 20112
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Terms Used In 19 Guam Code Ann. § 20112
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(a) For the purpose of securing, insofar as possible, self-supporting activities of some programs of the Department, there is hereby established a fund to be known as the Department Auxiliary Service Fund which shall be maintained in connection therewith.
(b) All monies received by the Department from its auxiliary services shall be deposited in said Department Auxiliary Service Fund. All debts, liabilities and obligations of any such services shall be paid from said fund.
(b) All monies received by the Department from its auxiliary services shall be deposited in said Department Auxiliary Service Fund. All debts, liabilities and obligations of any such services shall be paid from said fund.
COL 11292010
19 Guam Code Ann. PERSONAL RELATIONS
CH. 20 DEPARTMENT OF YOUTH AFFAIRS
The Director of the Department shall render to the Council a monthly state- ment reflecting the correct financial condition of said fund.
SOURCE: GC § 26511 enacted by P.L. 14-110:3.