Guam § 15402 - General Agent.
Full text of Guam Guam Code Annotated § 15402 — General Agent., with citation guidance and answers to common questions.
§ 15402. General Agent.
A foreign insurer shall not be granted a certificate unless and
until it has duly complied with the provisions of this section:
(a) Duly appointed a licensed resident general agent
who shall have a power of attorney of the insurer which
authorizes him to appoint sub-agents and solicitors for the
insurer;
(b) Filed with the Commissioner its consent that its
resident general agent shall be authorized to accept service of
process on its behalf for all cases, and that such service shall
constitute personal service upon such insurer;
(c) Filed with the Commissioner a power of attorney
that the resident general agent shall have authority to
countersign all policies of the foreign insurer effected on
risks in Guam.
Frequently Asked Questions About Guam § 15402
What does Guam Code Annotated § 15402 cover?
Section 15402 ("General Agent.") 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 § 15402?
A common citation format is "Guam Code Annotated § 15402" (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 § 15402 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.