11 Guam Code Ann. § 5205
Terms Used In 11 Guam Code Ann. § 5205
- Statute: A law passed by a legislature.
(1) bingo or lottery that is conducted by a tax exempt non- profit organization as authorized in 9 Guam Code Ann. § 64.70(b);
(2) cockfighting that is conducted at a licensed cockpit, and that all wagers are present at the cockpit, as authorized in 9 Guam Code Ann. § 64.40; and
(3) all other limited gaming activities as authorized pursuant to statute.
(b) Each non-profit organization choosing to operate a gaming activity shall be open to an auditing of funds by the Office of Public
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11 Guam Code Ann. FINANCE & TAXATION
CH. 5 GAMING ACTIVITIES
Accountability to ensure that funding is being spent in the spirit of the non-profit’s charter and the public benefit.
SOURCE: Added by P.L. 32-060:2 (July 9, 2013). Subsection (a) amended by
P.L. 34-015:3 (June 8, 2017).
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