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22 GCA § 9143

Special Fund

Guam Code AnnotatedTitle 22 — Business Regulation
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(a)There is hereby established separate and apart from other funds of the government of Guam, a special fund to make payments in accordance with the provisions of subsection (f)(1) of § 9109 of this Title. Such fund shall be administered by the Commission. The Treasurer of Guam shall be the custodian of such fund, and all moneys and securities in such fund shall be held in trust by such Treasurer, and shall not be money or property of the government of Guam.

(b)The Treasurer is authorized to disburse moneys from such fund only upon order of the Commission.

(c)The amount of such fund shall be subject to audit in accordance with established government of Guam auditing procedures, but the action of the Commission in making payments from such fund shall be final and not subject to review.

(d)Disposition of Civil Penalties. Fines collected by the Department under the provisions of this Chapter shall be deposited in the special fund, pursuant to this Section; and, notwithstanding Subsection

(b)of this Section, may be accessed by the Director to be used exclusively for the operation of the Workers’ Compensation Commission. The Director of the Department shall include data in his or her annual report on all expenditures under this Subsection to I Liheslaturan Guåhan.

§ The story of this section

  1. Repealed by P.L. 14-132 (bill & sponsor pending — earlier Legislature not yet ingested)
  2. Enacted by P.L. 20-220 § 37 (bill & sponsor pending — earlier Legislature not yet ingested)
  3. Enacted by P.L. 35-66 § 4 — introduced as Bill 201-35 · introduced by Regine Biscoe Lee

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.