Guam § 15310 - Request Disapproval; Written Demand for a

Full text of Guam Guam Code Annotated § 15310 — Request Disapproval; Written Demand for a, with citation guidance and answers to common questions.

§ 15310. Request Disapproval; Written Demand for a

Hearing to Determine the Reasonableness of the Disapproval.

In the event that the Commissioner of Banking and Insurance

disapproves the request for the distribution of extraordinary

dividends and/or loans and advances outlined in §§ 15320.1 and

15310.2, respectively, the Commissioner of Banking and

Insurance shall notify the person in writing, advising of the reason

for the disapproval. The person whose request was denied may

make written demand upon the Commissioner of Banking and

Insurance pursuant to Chapter 9, Title 5, Guam Code Annotated,

for a hearing before the Commissioner of Banking and Insurance

to determine the reasonableness of the disapproval. The hearing

shall be held pursuant to the Administrative Adjudication Law

found in Chapter 9, Title 5, Guam Code Annotated.

Frequently Asked Questions About Guam § 15310

What does Guam Code Annotated § 15310 cover?

Section 15310 ("Request Disapproval; Written Demand for a") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Guam § 15310?

A common citation format is "Guam Code Annotated § 15310" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Guam law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.

How does Guam § 15310 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Guam.