Guam § 50002 - Guam College Savings Program Established.
Full text of Guam Guam Code Annotated § 50002 — Guam College Savings Program Established., with citation guidance and answers to common questions.
§ 50002. Guam College Savings Program Established.
COL021307
There is hereby established the Guam College Savings Program. The
purpose of this program is to enable families to save for college tuition and
other expenses related to higher education through college accounts. The
program shall provide college accounts to enable residents of Guam and
other territories and states to benefit from the tax incentives provided for
qualified state tuition programs under the Internal Revenue Code of 1986,
as amended.
Frequently Asked Questions About Guam § 50002
What does Guam Code Annotated § 50002 cover?
Section 50002 ("Guam College Savings Program Established.") 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 § 50002?
A common citation format is "Guam Code Annotated § 50002" (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 § 50002 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.