Guam § 22434 - Expiration Date for Encumbrances.
Full text of Guam Guam Code Annotated § 22434 — Expiration Date for Encumbrances., with citation guidance and answers to common questions.
§ 22434. Expiration Date for Encumbrances.
(a) An encumbrance against any type of appropriation shall
be automatically returned to the Fund against which it was
encumbered nine (9) months after fiscal year end in which the
encumbrance was originally recorded, unless the encumbrance
falls under requirements imposed by United States law governing
United States Federal awards.
(b) Encumbrances that are returned to the Fund against
which it was encumbered are hereby de-appropriated. The
appropriate government of Guam department, agency,
instrumentality, or public corporation incurring the encumbrance
may submit a request for a re-appropriation immediately, to [the
Legislature] I Liheslaturan Guåhan. The request for a re-
appropriation shall include, but not be limited to, the reason why
such appropriation is necessary, and details on the delay of
expending the original encumbrance by the requesting
department, agency, instrumentality, or public corporation.
(c) All capital improvement, or capital outlay project
encumbrances shall be exempted from this Section.
Frequently Asked Questions About Guam § 22434
What does Guam Code Annotated § 22434 cover?
Section 22434 ("Expiration Date for Encumbrances.") 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 § 22434?
A common citation format is "Guam Code Annotated § 22434" (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 § 22434 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.