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22 GCA § 7122

Performance and Payment Bond

Guam Code AnnotatedTitle 22 — Business Regulation
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The Department of Labor shall require from all H-2 employers a performance and payment bond equivalent to four percent (4%) of the gross cost of the project to guaranty payment of wages and other incidental costs related to wages.

§ The story of this section

  1. Enacted by P.L. 18-48 § 7 (bill & sponsor pending — earlier Legislature not yet ingested)

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