8 chapters · 163 sections in this title.
14 GCA § 7104 Organization of Agency
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(1) An agency shall be organized in the manner provided for the organization of nonprofit, nonstock corporations under the Civil Code of Guam. (2) An agency shall have all the powers, rights and privileges of a corporation, under the statute under which it is organized, except as…
14 GCA § 7105 Number of Members
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An agency shall have at least ten (10) members.
14 GCA § 7106 Notice of Intention
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An agency, before engaging in credit counseling, shall give notice to the Administrator of its intention to do so. The notice shall state: (1) name of the agency; (2) name in which business is transacted if different from (1); (3) address of principal office and all other offices…
14 GCA § 7107 Bond
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The agency shall file with the Administrator a bond to be approved by it, in which the agency shall be the obligor, in the sum of Five Thousand Dollars ($5,000.00), with one or more sureties, whose liability as sureties need not exceed that sum in the aggregate. The bonds shall r…