Guam § 4103 - Special Fund Transfer.
Full text of Guam Guam Code Annotated § 4103 — Special Fund Transfer., with citation guidance and answers to common questions.
§ 4103. Special Fund Transfer.
Unless otherwise specified in the Annual or Supplemental Budget
Act, I Maga’låhen Guåhan is authorized to transfer to the General Fund
any cash available from any appropriated Special Fund to fund the
appropriations authorized by the Annual or Supplemental Budget Act.
All cash amounts from Special Funds transferred to cover the
appropriations authorized by the Annual or Supplemental Budget Act, or
any other act or law authorizing appropriations, shall be promptly
reimbursed to the Special Fund from which it was withdrawn within
sixty (60) days after receipt of transferred cash amounts by the General
Fund. I Maga’låhen Guåhan shall submit a report to the Speaker of I
Liheslaturan Guåhan on the fifth (5th) day of every month on all
transfers and reimbursements made pursuant to this Section. Said report
shall enumerate the amount of each transfer, identify the funds to and
from which the transfer was made, the object class reduced by the
transfer out and the object class receiving the transfer, and state the
purpose of each transfer. Notwithstanding any other provision of law, no
funds shall be transferred out of the Chamorro Land Trust Operations
Fund and the Guam Department of Education Operations Fund from
each fiscal year Special Fund appropriations made to the Guam
Department of Education and the Chamorro Land Trust Commission.
Failure to submit any reports by the required deadline in this Section
shall result in a Two Hundred Fifty Dollars ($250.00) fine per missed
deadline for the Director of the Bureau of Budget and Management
COL1312018
Research, which shall be deposited into the GDOE Interscholastic Sports
Program.
Frequently Asked Questions About Guam § 4103
What does Guam Code Annotated § 4103 cover?
Section 4103 ("Special Fund Transfer.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 4103?
A common citation format is "Guam Code Annotated § 4103" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 4103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.