Guam § 45121 - Books of Receipts and Expenditures; Availability for
Full text of Guam Guam Code Annotated § 45121 — Books of Receipts and Expenditures; Availability for, with citation guidance and answers to common questions.
§ 45121. Books of Receipts and Expenditures; Availability for
Examination.
The manager or Board of Directors shall keep detailed, accurate
records in chronological order, of the receipts and expenditures affecting the
common elements, specifying and itemizing the maintenance and repair
expenses of the common elements and any other expenses incurred.
COL070307
Records and the vouchers authorizing the payments shall be available for
examination by the apartment owners at convenient hours of weekdays.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 45121
What does Guam Code Annotated § 45121 cover?
Section 45121 ("Books of Receipts and Expenditures; Availability for") 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 § 45121?
A common citation format is "Guam Code Annotated § 45121" (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 § 45121 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.