12 Guam Code Ann. § 58120
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Terms Used In 12 Guam Code Ann. § 58120
- 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
Every Qualifying Certificate which covers the operation of a hotel or restaurant shall require its Beneficiary to participate in
(a) the Hotel/Restaurant Industry Apprenticeship Training Program administered by the Guam Community College or other subsequent and similar programs approved by the Authority and
(b) the Management and Supervisory Training Program administered by the University of Guam’s College of Business and Public Administration or other subsequent and similar programs approved by the Authority.
Failure to actively participate in such training programs shall be grounds to revoke or suspend the Beneficiary’s Qualifying Certificate.
2015 NOTE: Subsection designations were altered to adhere to the
Compiler’s alpha-numeric scheme pursuant to 1 Guam Code Ann. § 1606.