11 Guam Code Ann. § 103114
Terms Used In 11 Guam Code Ann. § 103114
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(1) The text of all rules of the Division of general application adopted or altered since his/her last previous report.
(2) Recommendations for legislation.
(3) A statement of the status and remaining assets and liabilities, as of the date of the most recent report of condition, summary of all changes occurring since his/her last previous report by reason of opening new territorial banks, mergers and conversions, and increases and decreases in capital of all banking organizations under the purview of the Commissioner.
(4) A statement of the status, assets and liabilities, report of condition, and increases and decreases in capital of all other entities herein referenced as banks and not covered by Item (3) in this Subsection, based on criteria determined by the Commissioner.
(5) A tabulated statement and synopsis of the reports which have been filed in his/her office showing the conditions of every admitted insurer, the general condition of the insurance business and interests in Guam, and other matters covering insurance, for the preceding year.