12 Guam Code Ann. § 58119
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Terms Used In 12 Guam Code Ann. § 58119
- 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
For purposes of the employee percentages of § 58117 of this Chapter, a Beneficiary may include among its employees “”trainees”” as that term is defined by the Authority’s regulations. For good cause shown, the Authority may grant specific and limited exemptions to the percentage employment requirements of
§ 58117 but only if a training program has been implemented by
the Beneficiary as required by § 58117.
§ 58117 but only if a training program has been implemented by
the Beneficiary as required by § 58117.