Guam § 1121 - Legislative Operations Fund.
Full text of Guam Guam Code Annotated § 1121 — Legislative Operations Fund., with citation guidance and answers to common questions.
§ 1121. Legislative Operations Fund.
(a) There is hereby created a special fund to be known as the
“Legislative Operations Fund,” such fund to be administered by
the Legislature. All moneys appropriated for the operation of the
Guam Legislature shall be paid directly to the Fund and disbursed
by the Legislature.
(b) Within sixty (60) days after the closing of each calendar
year the Legislature shall cause to be published a report of the
expenditures of the Fund, including but not limited to a balance
sheet, a statement of receipts and a general description of the
expenses of the Fund.
(c) The Legislature shall contribute from the Legislature
Operations Fund to the Government of Guam Retirement Fund for
the Government's share of the costs of the retirement benefits
applicable to the Legislature's employees and their beneficiaries.
(d) Notwithstanding any provision of law to the contrary,
thirty (30) days prior to the end of a calendar quarter, one-fourth
(1/4) of the annual appropriation to the Legislative Operations
Fund shall be transferred from the General Fund to the Legislative
Operations Fund.
Frequently Asked Questions About Guam § 1121
What does Guam Code Annotated § 1121 cover?
Section 1121 ("Legislative Operations Fund.") 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 § 1121?
A common citation format is "Guam Code Annotated § 1121" (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 § 1121 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.