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22 GCA § 15310.2

Loans and Advances

Guam Code AnnotatedTitle 22 — Business Regulation
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No domestic company may make loans or advances to any Officer, Director, Shareholder or affiliated company without prior approval by the Insurance Commissioner in accordance to the rules and regulations promulgated by the Commissioner pursuant to the Administrative Adjudication Law found in Chapter 9, Title 5, Guam Code Annotated.

§ The story of this section

  1. Enacted by P.L. 37-54 § 3 — introduced as Bill 122-37 · introduced by Sabina Flores Perez + 2 cosponsorsWatch the public hearing · Sep 21, 2023

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