Guam § 70115 - Term of License.
Full text of Guam Guam Code Annotated § 70115 — Term of License., with citation guidance and answers to common questions.
§ 70115. Term of License.
(a) All licenses and endorsements applicable thereto shall be issued on an annual basis and, regardless
of when issued, shall expire one (1) year after the date for which issued or renewed.
(b) All licenses and endorsements applicable thereto which are already in existence prior to the
enactment of this law shall be renewed on the month consistent with the month they originally attained their
license. The Department of Revenue and Taxation shall have up to eighteen (18) months from the enactment
of this law to amend the renewal dates of these licenses and endorsements to conform with the renewal date
outlined in this Section.
(c) Notwithstanding the terms of this Section, a licensee holding multiple licenses may elect to have
the multiple licenses expire concurrently one (1) year after the month chosen at the licensee’s discretion.
Frequently Asked Questions About Guam § 70115
What does Guam Code Annotated § 70115 cover?
Section 70115 ("Term of 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 § 70115?
A common citation format is "Guam Code Annotated § 70115" (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 § 70115 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.