Unauthorized Insurers Prohibited. No person, corporation, association or partnership shall, in Guam, act as agent for any insurer not authorized to transact business in Guam, or negotiate for or place or aid in placing insurance coverage in Guam for another with any such insurer. SOURCE: GC § 43125. 2024 NOTE: References to “this territory” replaced with “Guam” pursuant to 1 GCA § 420.
Representing or Placing Insurance with
22 GCA § 15201, under Business of Insurance.
22 GCA § 15201