Guam § 221107 - Appropriation and Exemption.
Full text of Guam Guam Code Annotated § 221107 — Appropriation and Exemption., with citation guidance and answers to common questions.
§ 221107. Appropriation and Exemption.
The HAHS Fund shall not be used for any purpose other than
those enumerated or reasonably inferred herein or for purposes
other than those relating to health care. Specifically, the HAHS
Fund shall not be used as a pledge of security or as collateral for
government loans without prior authorization by the Guam
Legislature. The total expenditures appropriated from the HAHS
Fund shall not exceed eighty percent (80%) of the available
COL4/6/2022
balance. The remaining twenty percent (20%) balance in the
HAHS Fund shall be administered by the Guam Economic
Development Authority for investment purposes into a portfolio
that mirrors the Retirement Fund’s investment portfolio. The
proceeds from the investments shall remain within the HAHS
Fund and shall be maintained separate and apart from other GEDA
funds.
Frequently Asked Questions About Guam § 221107
What does Guam Code Annotated § 221107 cover?
Section 221107 ("Appropriation and Exemption.") 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 § 221107?
A common citation format is "Guam Code Annotated § 221107" (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 § 221107 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.