18 GCA § 14101: Purpose of Chapter.

I Liheslatura (the Legislature) finds that the people of Guam are generous contributors to charitable or other nonprofit organizations, but are usually unaware of the disposition made of their contributions, the purpose of this Chapter is to require all such organizations, except strictly religious ones, to make available to the public annual financial statements so that the people of Guam can be made aware of the actual fiscal needs of these organizations and can thus govern themselves in their donations to such organizations accordingly.