22 Guam Code Ann. § 9140
Attorney's Note
Under the Guam Code, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| misdemeanor | up to 1 year | up to $1,000 |
Terms Used In 22 Guam Code Ann. § 9140
- 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.
22 Guam Code Ann. BUSINESS REGULATIONS
CH. 9 WORKER’S COMPENSATION
imprisonment as herein provided, for the failure of such corporation to secure the payment of compensation; and such president, secretary, and treasurer shall be severally personally liable, jointly with such corporation, for any compensation or other benefit which may accrue under the said Title in respect to any injury which may occur to any employee of such corporation while it shall so fail to secure the payment of compensation as required by § 9133 of this Title.
(b) Any employer who knowingly transfers, sells, encumbers, assigns, or in any manner disposes of, conceals, secretes, or destroys any property belonging to such employer, after one of his employees has been injured within the purview of this Title and with intent to avoid the payment of compensation under this Title to such employee or his dependents, shall be guilty of a misdemeanor; and in case where such employer is a corporation, the president, secretary, and treasurer thereof shall be also severally liable to such penalty of imprisonment as well as jointly liable with such corporation for such fine.
(c) This section shall not affect any other liability of the employer under this Title.
SOURCE: GC § 37038. Amended by P.L. 13-187:205 (Sept. 2, 1976).