Title 16 — Vehicles
18 chapters · 382 sections in this title.
16 GCA § 23101 Approval or Issue Of Plan for Apportionment of Applicants;
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Amendments; Hearing; Subscription and Participation; Publication of Notice of Hearing. The Commissioner, after a public hearing, shall approve or issue a reasonable plan for the equitable apportionment, among insurers admitted to COL 03072011 transact liability insurance, of thos…
16 GCA § 23102 When Assignments Not to Be Required
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Such plan shall not require assignments to be made to an insurer which (a) does not transact automobile bodily injury and property damage liability insurance, (b) has withdrawn from Guam pursuant to, and in compliance with § 43112 GC, or (c) has discontinued the execution of new …
16 GCA § 23103 Amount of Coverage Required to Be Issued
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Such plan shall require the issuance of a policy affording coverage in the amount of Five Thousand Dollars ($5,000.00) for bodily injury to or death of each person as the result of any one (1) accident and, subject to said limit as to one (1) person, the amount of Ten Thousand Do…
16 GCA § 23104 Formation of Organization to Administer and Operate Plan;
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Apportionment of Cost of Organization. COL 03072011 To carry out the purpose of this Chapter, the subscribing insurers may form their own organization which shall, subject to review by the Commissioner, administer and operate the plan. The cost of such organization shall be fairl…
16 GCA § 23105 What Plan to Contain
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Such plan shall contain: (a) Standards for determining eligibility of applicants for insurance, and in establishing such standards the following may be taken into consideration in respect to the applicant or any other person who may reasonably be expected to operate the applicant…
16 GCA § 23106 Prohibition Against Making Charge for Materials and
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Services in Perfecting Application. No insurance agent, broker or solicitor shall make any charge to the applicant, directly or indirectly, for furnishing any person the necessary application forms, technical assistance and services necessary to perfect an application through the…
16 GCA § 23107 Failure to Subscribe to Plan
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If an insurer admitted to transact liability insurance fails to subscribe to the plan or to any amendments thereto, the Commissioner shall give ten (10) days' written notice to such insurer to so subscribe. If such insurer fails to comply with such notice, then the Commissioner m…
16 GCA § 23108 Failure to Comply with Chapter or Plan
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If the Commissioner, after hearing upon not less than ten (10) days' notice, finds that any insurer has failed to perform any of the duties required of it by this Chapter or by the plan, other than those duties enumerated in § 23107, he may issue an order to such insurer specifyi…