Guam § 50105 - Expenditures from the Fund.
Full text of Guam Guam Code Annotated § 50105 — Expenditures from the Fund., with citation guidance and answers to common questions.
§ 50105. Expenditures from the Fund.
Any and all expenditures from the Fund shall be for the
payment of income tax refunds, earned income tax credits, child
tax credits, tax rebate relief and for no other purpose. The fund
is not subject to the provisions of 5 GCA § 22414, which
provisions would otherwise permit I Maga’lahen Guåhan
[Governor of Guam]to pledge the Fund.
COL9192018
11 GCA FINANCE & TAXATION
Frequently Asked Questions About Guam § 50105
What does Guam Code Annotated § 50105 cover?
Section 50105 ("Expenditures from the 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 § 50105?
A common citation format is "Guam Code Annotated § 50105" (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 § 50105 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.