For the protection of the people of Guam, the Commissioner shall not permit a person to continue as licensed to sell insurance pursuant to this Article unless such person has demonstrated, to the satisfaction of the Commissioner, that in addition to meeting the standards contained in this Article for the issuance of such license such person has continued to meet such additional educational requirements as the Commissioner may prescribe by regulation adopted pursuant to the Administrative Adjudication Law for the purpose of maintaining or improving such person=s insurance skills or knowledge.

SOURCE: GC § 43251a. Added by P.L. 21-92:1.

§ 15704. Endorsement of Qualifications: Additional
Requirements.

The statement of the applicant required by § 15702 shall be accompanied by the following:

(a) If the application is for a general agent’s license, the request of the insurer that the applicant be licensed to represent such insurer as a general agent;

(b) If the application is for a sub-agent’s license, the request of either an insurer or general agent that such applicant be licensed to represent such insurer or general agent as a subagent;

(c) If the application is for a solicitor’s license, the request of either an insurer, general agent or a sub-agent

22 Guam Code Ann. BUSINESS REGULATIONS
CH. 15 BUSINESS OF INSURANCE

that such applicant be licensed to represent such insurer, general agent or sub-agent as a solicitor.

SOURCE: GC ‘ 43252.