11 GCA § 103120
Creation of
View official PDF ↗Enforcement Fund. the Banking and Insurance There is hereby established, separate and apart from other funds of the government of Guam, a special fund known as the ‘Banking and Insurance Enforcement Fund’ (hereinafter the 'Fund'). The Fund shall not be commingled with the General Fund or any other fund of the government of Guam. The Fund shall be held in an account or accounts at a Guam financial institution or institutions separate and apart from all other accounts and funds of the government of Guam. The Fund shall not be subject to I Maga’låhen Guåhan’s transfer authority. The Fund shall be used for enforcement within the purview of the Office of Commissioner of Banking and Insurance, and the Banking and Insurance Board, subject to appropriations.
§ The story of this section
- Enacted by P.L. 27-88 § 2 — introduced as Bill 119-27 · introduced by Antoinette D. Sanford
- Enacted by P.L. 33-91 § 2 — introduced as Bill 166-33 · introduced by Dennis G. Rodriguez, Jr + 14 cosponsorsWatch the public hearing · Sep 21, 2015
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.