Title 22, Business Regulation

Competency. (a) The Board shall grant or renew licenses to persons who make application and demonstrate: (1) that their qualifications, including where applicable, the qualifications prescribed by § 35105, are in accordance with the following Subsections of this Section, or (2) t…

and Peer Review. (a) The Board shall grant or renew permits to practice as a CPA firm to applicants that demonstrate their qualifications therefor in accordance with this Section. (1) The following must hold a permit issued under this Section: (A) any firm with an office in Guam …

Taxation as Agent. Application by a person or a CPA firm not a resident of Guam for a license under § 35106, or a Firm Permit to Practice under § 35107, shall constitute appointment of the Director of the Department of Revenue and Taxation as the applicant=s agent upon whom proce…

(a) After notice and hearing pursuant to § 35111 of this Chapter, the Board may revoke any certificate, licenses, or Firm Permit to Practice issued under § 35105, § 35106, or § 35107 or corresponding provisions of prior law, or revoke or limit privileges under § 35122; suspend an…

(a) The Board may, upon receipt of a complaint or other information suggesting violations of this Chapter or of the rules of the Board, conduct investigations to determine whether there is probable cause to institute proceedings under § 35111, § 35114, § 35115, or any other Secti…

(j) Any person or firm adversely affected by any order of the Board entered after a hearing under this § 35111 may obtain review thereof by filing a written petition for review with the Superior Court of Guam within thirty (30) days after the entry of said order. The procedures f…

(a) In any case where the Board has suspended or revoked or refused to renew a certificate, license, a Firm Permit to Practice, or privileges under §35122, the Board may, upon application in writing by the person or firm affected and for good cause shown, modify the suspension, o…

(a) Only licensees and individuals who have practice privileges under § 35122 of this Chapter may issue a report on financial statements of any person, firm, organization, or governmental unit, or offer to render or render any attest or compilation service, as defined herein. Thi…

Whenever, as a result of an investigation under § 35110 of this Chapter or otherwise, the Board believes that any person or firm has engaged, or is about to engage, in any acts or practices which constitute or will constitute a violation of § 35109, § 35113, or any other provisio…

(a) Whenever, by reason of an investigation under § 35110 of this Chapter or otherwise, the Board has reason to believe that any person or firm has knowingly engaged in acts or practices that constitute a violation of § COL4122017 35113, or any other provision of this Chapter, or…

In any action brought under § 35111, § 35114 or § 35115 of this Chapter, evidence of the commission of a single act prohibited by this Chapter shall be sufficient to justify a penalty, injunction, restraining order, or conviction, respectively, without evidence of a general cours…

Except by permission of the client for whom a licensee performs services, or the heirs, successors, or personal representatives of such client, a licensee under this Chapter shall not voluntarily disclose information communicated to the licensee by the client relating to and in c…

COL4122017 (a) Subject to the provisions of § 35117, all statements, records, schedules, working papers, and memoranda made by a licensee or a partner, shareholder, officer, director, member, manager or employee of a licensee, incident to, or in the course of, rendering services …

(a) This section applies to all causes of action of the type specified herein filed on or after the effective date of the enactment of this section. COL4122017 (b) This section governs any action based on negligence brought against any accountant, or firm of accountants, practici…

(a) This section applies to all causes of action of the types specified herein filed on or after the effective date of the enactment of this section. COL4122017 (b) This section governs any action based on negligence or breach of contract brought against any licensee, or any CPA …

(a) This Section applies to all causes of action of the type specified herein filed on or after the effective date of the enactment of this section. (b) This Section governs any claim for money damages brought against any licensee or any CPA firm registered, licensed, or practici…

(a) An individual whose principal place of business is not in Guam. (1) An individual whose principal place of business is not in Guam and who holds a valid license as a certified public accountant from any State which the NASBA National Qualification Appraisal Service has verifi…

If any provision of this Chapter or the application thereof to any person or entity or in any circumstances is held invalid, the remainder of the Chapter and the application of such provision to others or in other circumstances shall not be affected thereby.

All other acts or parts of acts in conflict herewith are hereby repealed; provided, however, that nothing contained in this Chapter shall invalidate or affect any action taken or any proceeding instituted under any law in effect prior to the effective date hereof. COL4122017

This Chapter shall take effect upon its enactment. ---------- COL4122017 COL4122017

There is hereby established in the Government of Guam a Cockpit License Board (hereafter referred to as the Board) which shall consist of three members including the chairman appointed by the Governor with the consent of the Legislature. SOURCE: GC § 26100.

The members and Chairman of the Board shall be appointed for terms of one (1) year each and shall receive compensation at the rate of Fifty Dollars ($50) for each attendance at the meeting of the Board, provided, however, that no member shall receive more than One Hundred Dollars…

The Governor may issue as Executive Orders and the Board may recommend to the Governor for issuance as Executive Orders such reason- able rules and regulations, not inconsistent with the laws of Guam as may be necessary or desirable to enable the Board to carry into effect the pr…

Within the limits of the authorized budget and consistent with the Compensation Law of Guam [Title 4, GCA], the Board may employ and discharge such employees as shall from time to time be necessary in carrying out the duties and responsibilities imposed thereunder. SOURCE: GC § 2…

The Board is authorized to issue cockpit licenses for both Balentia and Amara cockpits. Balentia cockfighting shall be that in which the cocks are not equipped with knives or other sharp instruments. Amara cockfighting shall be that in which the cocks are equipped with knives or …

Licenses for the operation of cockpits shall be issued by the Board only after the awarding of the license as herein provided. SOURCE: GC § 26105.

(a) Whenever there are two (2) or less current licenses in effect, the Board shall conduct a public meeting at which it shall review cockpit operations and authorize the letting of bids for licenses which will be new or which will replace the expired or non-renewed licenses. (b) …

The board shall award the license to the highest bidder provided that the bidder is approved by the Board. In the event that the Board does not approve the highest bidder, or the highest bid is for any reason not acceptable to the Board, new notices shall be posted and bids recei…

Citizenship Requirement. COL08062012 (a) Licenses to operate cockpits shall be issued for a five (5) year period and may be renewed for an additional five (5) year period upon payment of an amount equal to the amount of his original bid. (b) No more than three (3) licenses in whi…

(a) Cockfights may be held on Sundays, legal holidays or church holidays. In addition thereto, additional cockfight events may be held each year upon the approval thereof by a majority of the members of the Board. (b) Notwithstanding any other provisions of law, I Maga=lahen Guåh…

Cockpits may be operated at any time on a day on which they are authorized to be held. SOURCE: GC § 26114. Amended by P.L. 10-30. Repealed and reenacted by P.L. 16:120:28(c).

The admission fee to a cockpit shall be Three Dollars ($3.00). SOURCE: GC § 26115 amended by P.L. 13-133:6.

SOURCE: GC § 26116 was repealed by P.L. 3-23.

For each combat between cocks, a fee not to exceed two percent (2%) of the total amount of bets, will be collected by the holder of the franchise. SOURCE: GC § 26117.

All wagers on a combat shall be made only within the licensed premises and placed with the licensee or his agent. SOURCE: GC § 26118.

Every person who shall: (a) Operate a cockpit without a license is guilty of a misdemeanor; (b) Engage in cockfighting outside of a licensed cockpit is guilty of a misdemeanor. Balentia (without knives or gaffs) or the training of gamecocks shall be exempted from the provision of…

(a) Every person who shall drug, cripple, poison, or in any manner injure any gamecock intended to be matched or entered in a lawful cockfight is guilty of a misdemeanor. For purposes of this section, the taking of a gamecock to within the enclosure of any cockpit shall be suffic…

Violation of any provision of this Chapter or of any rule or regulation duly promulgated by Executive Order pursuant to the provisions of this Chapter for which another penalty is not expressly provided shall be a petty misdemeanor. SOURCE: GC §26121. Added by P.L. 13-187:183. --…

This Chapter may be cited as the Tourist Industry Job Corps Act. SOURCE: GC § 26700; added by P.L. 18-48:2.

It is the intention of the Legislature in enacting this Chapter to support the expansion of tourism on Guam by making available a local work force for the tourism industry. This Chapter may also address the rise of unemployment on Guam. It is not the Legislature's intent to dupli…

Unless the context otherwise requires, the definitions in this Section govern the construction of this Chapter. (a) Academic Credit means a credit for education, job training, or work experience applicable toward an apprenticeship certification or an accredited certificate of com…

Participation in programs and activities financially assisted in whole or in part under this Chapter shall be open to citizens and nationals of the United States, lawfully admitted permanent resident aliens, and other individuals authorized by the U.S. Attorney General to reside …

The following provisions shall apply to all activities financed under this Chapter: (a) Funds available under this Chapter shall be used specifically for tourist related employment training and pre-apprenticeship and apprenticeship construction employment training through any of …

Programs funded under this Chapter shall be operated on a Fiscal year basis pursuant to a Tourist Industry Job Corps Plan which is prepared in accordance with Section 43108 of this Chapter. SOURCE: GC § 26705; added by P.L. 18-48:2. COL120106

There is hereby established within the government of Guam a Tourist Industry Job Corps Commission composed of seven (7) members. Four (4) members shall be appointed by the Governor and three (3) members shall be appointed by the Speaker of the Legislature. All members shall be ap…

Members of the Tourist Industry Job Corps Commission shall be compensated at a rate of Fifty Dollars ($50.00) per meeting, not to exceed One Hundred Dollars ($100) per month. SOURCE: GC § 26707; added by P.L. 18-48:2. COL120106