Title 22 — Business Regulation
30 chapters · 733 sections in this title.
22 GCA § 55101 Application of Chapter
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This Chapter shall not apply to any public cemetery or to any cemetery owned or operated by any religious corporation, church, religious society or denomination or a corporation solely administering temporalities of any church, religious society or denomination nor shall it apply…
22 GCA § 55102 Cemetery Authority Defined
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Cemetery authority as used in this Chapter, means any person, firm, association, organization, partnership, business trust, corporation or company who establishes, owns or operates any cemetery subject to this Chapter. SOURCE: GC § 49301.
22 GCA § 55103 Endowment Care Cemetery Defined; Deposits required
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An endowment care cemetery is one which has deposited in its endowment care fund the minimum amounts required by law and shall hereafter have deposited in its endowment care fund at the time of or not later than completion of the initial sale not less than the following amounts f…
22 GCA § 55104 Same: Additional Deposit Before Disposition of Plot
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In addition to the requirements of § 55103, any endowment care cemetery hereafter established shall also have deposited in its endowment care fund, the additional sum of fifteen thousand dollars ($15,000.00) before disposing of any plot or making any sale thereof. SOURCE: GC § 49…
22 GCA § 55105 Endowment care Fund to be Kept Separate; Commissions
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The endowment care fund shall be kept separate and apart from all other cemetery funds. Separate records and books shall be kept of the endowment care fund. The amount to be deposited in the endowment care fund shall be separately shown on the original purchase agreement and a co…
22 GCA § 55106 Use of Fund
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Endowment care funds shall not be used for any purpose other than to provide through income only for the endowment care of the cemetery. SOURCE: GC § 49305.
22 GCA § 55107 Authorized Investments
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The endowment care funds shall be invested, reinvested and kept invested in: (a) Bonds of the United States or of the government of Guam or any agency thereof; (b) First mortgages on improved real estate; COL120106 (c) To the extent to which shares or investment certificates are …
22 GCA § 55108 Reports
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Every cemetery authority in charge of cemetery endowment funds shall file with the Director of Administration annually on or before April 1st a written report setting forth: (a) The number of square feet of grave space and the number of crypts and niches sold or disposed of durin…
22 GCA § 55109 Examination of Funds
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The Director of Administration shall examine the endowment care funds of a cemetery authority: (a) Whenever he deems it necessary and at least once every five (5) years; (b) Whenever a cemetery authority fails to file the annual report required by this Chapter; (c) Whenever it is…
22 GCA § 55110 Access to Books and Records
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In making such examinations, the Director of Administration: (a) Shall have free access to the books and records relating to the endowment care funds, their collection and investment, and the number of graves, crypts and niches under endowment care; (b) Shall inspect and examine …
22 GCA § 55111 Injunctions
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The Attorney General may bring an action in the name of the government of Guam against any person to restrain and prevent any violation of this Chapter. SOURCE: GC '47310.
22 GCA § 55112 Punishment
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Any person who shall intentionally violate any provision of this Chapter shall be guilty of a petty misdemeanor. Violation of any order or injunction issued pursuant to this Chapter shall constitute prima facie proof of a violation of this section. SOURCE: GC § 49311. Amended by …