Guam § 4404 - Operations.

Full text of Guam Guam Code Annotated § 4404 — Operations., with citation guidance and answers to common questions.

§ 4404. Operations.

GHMIC shall be operated as follows:

(a) Separate Records Required. GHC shall keep

separate records and financial statements and shall in no

COL9/7/2021

way consolidate the finances of GHMIC with its own

finances.

(b) Limitations of Program Finances. Administrative

support services for GHMIC shall be provided by GHC;

provided, however, that GHMIC, from its operating

revenues, shall reimburse GHC for all the cost of

administrative support services, inclusive of personnel

services and cost of materials and supplies.

(c) Limits of Liability. GHC shall not be held liable for

policy claims against GHMIC. In the event that the policy

claims rate exceeds the projection of the actuarially

determined funding requirements so as to jeopardize the

solvency of the program established in this Article, GHMIC

shall request additional appropriations to GLGF.

Related Guam Legal Topics

Frequently Asked Questions About Guam § 4404

What does Guam Code Annotated § 4404 cover?

Section 4404 ("Operations.") 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 § 4404?

A common citation format is "Guam Code Annotated § 4404" (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 § 4404 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.