Guam § 15701 - License.
Full text of Guam Guam Code Annotated § 15701 — License., with citation guidance and answers to common questions.
§ 15701. License.
It shall be unlawful for any person to do or perform any act
in Guam as an insurance broker, general agent, sub-agent, or
solicitor, or hold himself out as such, for any kind of insurance
without having first obtained a license issued by the
Commissioner. Licenses and the renewals thereof shall be for an
annual term expiring the 1st day of July occurring after issuance.
The fee for each type of license and the renewal thereof shall be
as follows:
Broker $ 100.00
General Agent $ 100.00
Sub-agent $ 25.00
Nonresident producer $ 25.00
Solicitor $ 25.00
Frequently Asked Questions About Guam § 15701
What does Guam Code Annotated § 15701 cover?
Section 15701 ("License.") 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 § 15701?
A common citation format is "Guam Code Annotated § 15701" (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 § 15701 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.