Terms Used In 16 Guam Code Ann. § 12101

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
As used in this Chapter:

(a) Director means the Director of the Department of Revenue and
Taxation.

(b) Lien, as defined in § 35101 of Title 18, Guam Code Ann., means a charge imposed in some mode other than by a transfer in trust upon specific property by which it is made security for the performance of an act.

(c) Tow truck means a motor vehicle constructed, designed, altered, or equipped primarily for the purpose of towing or removing vehicles from a highway by means of a crane, hoist, tow bar, tow line, dolly, sling, wheel-lift, flatbed or other means as approved by the Division of Motor Vehicles of the Department of Revenue and Taxation.

(d) Tow truck business means any sole proprietorship, corporation, limited liability company, partnership, joint venture or other form of business entity engaged in the business of providing tow truck services.

(e) Tow truck service means the recovery of a vehicle or the transportation on a highway of damaged, disabled, abandoned, seized, or impounded vehicles by a tow truck.

COL292017
16 Guam Code Ann. VEHICLES
CH. 12 TOW TRUCKS

(f) Vehicle condition report means a report completed by a person operating a tow truck and performing a tow truck service, which documents the condition of the vehicle on which such service is performed, including comprehensive notes, diagrams and photographic evidence, either analog or digital, to establish the condition of a vehicle and any damage thereto when such vehicle is taken into custody of the tow truck business.

SOURCE: Added by P.L. 23-144:3 (Jan. 2, 1997). Subsection (d) amended by P.L.
32-092:3 (Nov. 27, 2013). Subsection (f) added by P.L. 32-092:4 (Nov. 27, 2013).

2014 NOTE: Subsection designations were altered to adhere to the Compiler’s alpha- numeric scheme pursuant to the authority granted by 1 Guam Code Ann. § 1606.