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59 chapters · 1,235 sections in this title.
11 GCA § 53101 Definitions
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As used in this Chapter, unless the context otherwise requires: (a) Account or ABLE savings account means an individual savings account established in accordance with this Chapter. (b) Account owner means the person who enters into a savings agreement pursuant to this Chapter. (c…
11 GCA § 53102 Guam ABLE Savings Program; Establishment
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The Director shall establish the Guam ABLE Savings Program to provide for or facilitate individual savings accounts that empower individuals with a disability and their families to save private funds to support an individual with a disability. The Program shall be able to accept …
11 GCA § 53103 Functions and Powers of the Director
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(a) The Director shall implement and administer the program under the terms and conditions established by this Chapter and in conformity with federal law, including the Stephen Beck, Jr. Achieving a Better Life Experience (ABLE) Act of 2014, Division B of U.S. Public Law No. 113-…
11 GCA § 53104 Management Contract; Terms
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(a) A management contract shall include, at a minimum, terms requiring the financial organization to: (1) take any action required to keep the program in compliance with the requirements of this Chapter and take any action not contrary to the management contract to qualify as a q…