22 Guam Code Ann. § 15702
Terms Used In 22 Guam Code Ann. § 15702
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Oath: A promise to tell the truth.
(a) The name, age, business and residence address of the applicant, and if the applicant is a firm or corporation, the name and address of each person thereof designated to act for him;
(b) The type of license applied for and a description of the type of business to be engaged in under such licenses, including the classes of insurance he proposes to represent;
(c) The previous insurance experience of the applicant, if any, together with the names and addresses of all insurers or agents whom he represented or was employed by;
22 Guam Code Ann. BUSINESS REGULATIONS
CH. 15 BUSINESS OF INSURANCE
(d) A statement that the principal use of such license is not to effect insurance on the applicant’s own life, property or risks, or on the life, property or risks of an employee or member of his family;
(e) Such other information as the Commissioner shall require by regulations or specifically request of the applicant.
SOURCE: GC § 43251.