10 Guam Code Ann. § 9501
Terms Used In 10 Guam Code Ann. § 9501
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
(2) Wages means all remuneration (other than fees paid to a public official) for services performed by an employee for his employer, including all remuneration paid to a nonresident employee for services, performed in Guam and, the cash value of all remuneration paid in any medium other than cash; except that such term shall not include remuneration paid for services, the total value of which does not exceed Fifty Dollars ($50) per week, or for active services as a member of the Armed Forces of the United States; or for agricultural labor (as defined in ‘3131(g) of the Internal Revenue Code of
1954); or for domestic service in a private home; for services performed by a duly ordained, commissioned or licensed minister of the church in the exercise of his ministry or by a member of a religious order in the exercise of duties required by such order; or for services performed by an individual under the age of eighteen (18) in the delivery or sale of newspaper; or in the form of group-term life insurance on the life of an employee.
(3) Employee means a resident of the territory of Guam.
(4) Payroll Period means a period for which a payment of wages is ordinarily made to the employee by his employer.
(5) Business Income in the case of an individual, means gross income minus the deductions authorized as business expenses on Form 1040 Internal Revenue Service, minus rental income; dividend income gains or losses from the sale or exchange of an individual’s capital assets; royalties; alimony and separate maintenance payments; income from an interest in an estate or trust; and income from annuities, life insurance and endowment contract and pensions.
SOURCE: GC § 9990.22.
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10 Guam Code Ann. HEALTH AND SAFETY
CH. 9 CONSUMER HEALTH PROTECTION ACT