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Terms Used In 12 Guam Code Ann. § 62100

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
A Limited Qualifying Certificate is an instrument valid for not more than two (2) years issued by the Chairman of the Board upon recom- mendation of the Board to a beneficiary who has qualified for a tax rebate under this Chapter.

SOURCE: Added by P.L. 19-19:25.