Enforcement Fund. 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. SOURCE: Added by P.L. 27-088:2 (May 6, 2004). Repealed and added by P.L. 33-091:2 (Nov. 9, 2015).
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