Terms Used In 12 Guam Code Ann. § 58109

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
In making its recommendation to the Governor the Authority shall consider and make specific findings on the following:

(a) The impact of the Beneficiary‘s proposed activities upon established businesses and markets in Guam;

COL 6/21/2023

12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 58 QUALIFYING CERTIFICATES

(b) The financial risks facing the Beneficiary in undertaking the proposed activities;

(c) The location of the proposed activities;

(d) The importance of the proposed activities to the economy of Guam and to the official economic policies of the government of Guam, if any;