Guam § 23117 - Establishment of the Guam Captive Insurance Advisory
Full text of Guam Guam Code Annotated § 23117 — Establishment of the Guam Captive Insurance Advisory, with citation guidance and answers to common questions.
§ 23117. Establishment of the Guam Captive Insurance Advisory
Committee; Members:
(a) The Guam Captive Insurance Advisory Committee, the
>Committee,’ shall consist of such persons, not fewer than three (3) in
number, to be appointed by the Commissioner. The membership shall, to
the extent possible, consist of one (1) person who is a certified public
accountant, one (1) person who is a banker or officer of a Guam financial
institution, and one (1) person who is actively employed in the insurance
community.
(b) Any Committee member shall excuse himself from reviewing any
applicant for licensing if a conflict of interest exists.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 23117
What does Guam Code Annotated § 23117 cover?
Section 23117 ("Establishment of the Guam Captive Insurance Advisory") 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 § 23117?
A common citation format is "Guam Code Annotated § 23117" (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 § 23117 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.