Guam § 48121 - Fund.
Full text of Guam Guam Code Annotated § 48121 — Fund., with citation guidance and answers to common questions.
§ 48121. Fund.
(a) There is hereby established a fund to be known as the “Guam Waterworks Authority Wastewater
Fund”, which fund shall be maintained separate and apart from any other funds of the government of Guam,
and independent records shall be maintained in connection therewith.
(b) All monies received by the Agency from homeowners in payment of sewer connection line or Type
2 toilet facilities installation charges shall be deposited with the Treasurer of Guam and credited to the Fund
and applied to the account of each homeowner making payment.
(c) All debts, liabilities, obligations, operating expenses and installation costs and expenses arising
from the installation of connecting lines or Type 2 toilet facilities pursuant to the provisions of this Chapter
are hereby authorized to be paid from said Fund by the Treasurer of Guam upon vouchers properly certified
to by the Certifying Office of the Agency.
(d) The Chief Officer of the Agency shall quarterly render to Maga’håga/Maga’låhi a statement
reflecting the financial condition of the Fund.
Frequently Asked Questions About Guam § 48121
What does Guam Code Annotated § 48121 cover?
Section 48121 ("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 § 48121?
A common citation format is "Guam Code Annotated § 48121" (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 § 48121 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.