Terms Used In 5 Guam Code Ann. § 22419

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Notwithstanding any rule, regulations or law, all net revenues derived through the sale of goods and services utilizing vending machines and amusement devices, located within public schools shall be used exclusively for authorized student activities and all net revenues derived through the sale of goods and services utilizing vending machines and amusement devices, located within the jurisdiction of the Department of Parks and Recreation shall be deposited in the Recreation Activity Revolving Fund and expended by the Department of Parks and Recreation and all net revenues derived through the sale of goods and services utilizing vending machines and amusement devices, located within the University of Guam shall be budgeted and expended by the Student Body Association as approved by the Board of Regents
and within the Guam Community College shall be budgeted and expended by the Student Body Association as approved by the Board of Trustees of Guam Community College. Nothing in the sections of this Act shall be construed to impair the obligation of existing contracts.

SOURCE: GC § 301 added by P.L. 13-190:1; amended by P.L. 18-3:1,
18-6:15, 18-7:5, and P.L. 19-24:2.