T·R
← Search

22 GCA § 15502

General Agent

Guam Code AnnotatedTitle 22 — Business Regulation
View official PDF ↗

An alien insurer shall not be granted a certificate unless and until it has complied with the provisions of this section:

(a)Duly appointed a licensed resident general agent who shall have the power of attorney of the insurer which authorizes him to appoint sub-agents and solicitors for the insurer;

(b)Has filed with the Commissioner its consent that its resident general agent shall be authorized to accept service of process on its behalf for all cases, and that such service shall constitute personal service upon such insurers; COL 1/26/2024 CH. 15 BUSINESS OF INSURANCE

(c)Has filed with the Commissioner a power of attorney authorizing the resident general agent to countersign all policies of the alien insurer effected on risks in Guam.

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