Guam § 221502 - Separate Fund and Bank Account.
Full text of Guam Guam Code Annotated § 221502 — Separate Fund and Bank Account., with citation guidance and answers to common questions.
§ 221502. Separate Fund and Bank Account.
The Indirect Cost Fund shall not be commingled with the
General Fund or any other fund of the government of Guam. The
Indirect Cost Fund shall be maintained in a separate bank account.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 221502
What does Guam Code Annotated § 221502 cover?
Section 221502 ("Separate Fund and Bank Account.") 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 § 221502?
A common citation format is "Guam Code Annotated § 221502" (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 § 221502 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.