Disposition of Money Collected

(a)All money collected for the law library must be paid into the hands of the treasurer of the law library or his designee, who must keep the same in a bank account or accounts in the name of “The Guam Law Library” to be expended by the Board of Law Library Trustees.

(b)All funds that are a part of the Superior Court Law Library Fund at the time this Act becomes effective shall be immediately transferred to the Guam Law Library.