11 GCA § 7106

Purse Defined

Guam Code AnnotatedTitle 11 — Finance and Taxation

Purse means the financial guarantee or any other remuneration for which contestants are participating in a contest or exhibition and includes the contestant’s share of any payment received for radio broadcasting, television or motion picture rights.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.