Guam § 6303 - Insurance Authorized.
Full text of Guam Guam Code Annotated § 6303 — Insurance Authorized., with citation guidance and answers to common questions.
§ 6303. Insurance Authorized.
(a) The government of Guam may use any funds authorized
for general operations to purchase liability insurance to cover the
liabilities incurred by it under this Chapter or under any other
law of Guam or of the United States. Such insurance may cover
the government as a whole, or any part, department, line agency,
or autonomous agency, as appropriate under the circumstances.
(b) The government of Guam may use any funds authorized
for general operations to purchase property insurance to cover
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the loss, for any reason and by any cause, incurred by the
government, or by any appropriate line agency or autonomous
agency, of any property owned by the government. Any monies
recovered pursuant to this subsection shall be used for the repair
or replacement of the facilities insured, and if the facilities are
not to be repaired or replaced, then the funds shall be deposited
in the General Fund. Such insurance coverage may cover the
general government or any appropriate portion, agency,
autonomous agency or specific facility thereof.
(c) The authority given by this Section shall be in addition
to any authority for the purchase of insurance given by any other
law of Guam.
(d) No insurance company writing insurance pursuant to
this Section shall have a defense of sovereign immunity if sued
directly by a claimant unless the government, itself, would have
such a defense.
Frequently Asked Questions About Guam § 6303
What does Guam Code Annotated § 6303 cover?
Section 6303 ("Insurance Authorized.") 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 § 6303?
A common citation format is "Guam Code Annotated § 6303" (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 § 6303 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.