17 GCA § 50002: Guam College Savings Program Established.

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.