Guam § 23112 - Exemption from Compulsory Associations; Ratings
Full text of Guam Guam Code Annotated § 23112 — Exemption from Compulsory Associations; Ratings, with citation guidance and answers to common questions.
§ 23112. Exemption from Compulsory Associations; Ratings
Organizations.
No captive insurance company shall be required to join a rating
organization or to join or contribute financially to any plan, pool,
association, or guaranty or insolvency fund on Guam, nor shall any captive
insurance company, or its insured, or its parent or any affiliated company,
or any member organization of its association, receive any benefits from
any such plan, pool, association, or guaranty or insolvency fund for claims
arising out of the operations of such captive insurance company.
Frequently Asked Questions About Guam § 23112
What does Guam Code Annotated § 23112 cover?
Section 23112 ("Exemption from Compulsory Associations; Ratings") 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 § 23112?
A common citation format is "Guam Code Annotated § 23112" (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 § 23112 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.