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22 GCA § 15710

Insurance Adjusters

Guam Code AnnotatedTitle 22 — Business Regulation
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No person, except a person otherwise licensed under this article, shall make any adjustment under an insurance policy covering hazards described in Article I of Chapter 18 of this Title, unless he shall hold a license under this section or is exempted therefrom.

(a)An insurance adjuster’s license may be issued by the Commissioner to any person filing an application on a prescribed form, and upon payment of a license fee of Fifty Dollars ($50.00). Licenses and renewals thereof shall be for a term expiring one

(1)year after date of issue. COL 1/26/2024 CH. 15 BUSINESS OF INSURANCE

(b)Any license under this section may be refused, suspended or revoked for any of the reasons set forth in § 15705 of this Title and in the manner so provided therein.

§ The story of this section

  1. Amended by P.L. 29-2 § V — introduced as Bill 74-29

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