Guam § 51105 - Prohibitions Against Encumbrances.
Full text of Guam Guam Code Annotated § 51105 — Prohibitions Against Encumbrances., with citation guidance and answers to common questions.
§ 51105. Prohibitions Against Encumbrances.
Any and all expenditures from the Trust Fund shall be for the
payment outlined in § 51103, and for no other purpose. The Trust Fund
shall not be subject to or permit I Maga’lahen Guåhan to pledge the
Trust Fund for payments or repayments of any government of Guam
general fund obligations or obligations of any autonomous agency,
public corporation or government instrumentality.
COL10312014
11 GCA FINANCE & TAXATION
PAYMENT TRUST FUND ACT OF 2002
Frequently Asked Questions About Guam § 51105
What does Guam Code Annotated § 51105 cover?
Section 51105 ("Prohibitions Against 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 § 51105?
A common citation format is "Guam Code Annotated § 51105" (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 § 51105 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.