e board shall award the license to the highest bidder provided that the bidder is approved by the Board. In the event that the Board does not approve the highest bidder, or the highest bid is for any reason not acceptable to the Board, new notices shall be posted and bids received in the same manner as if no notice had been given.

SOURCE: GC § 26108. Amended by P.L. 13-28:3.

§ 39109. License, Duration, Number, Suspension or Revocation; Citizenship Requirement.

COL08062012
22 Guam Code Ann. BUSINESS REGULATIONS
CH. 39 COCKFIGHTING

(a) Licenses to operate cockpits shall be issued for a five (5) year period and may be renewed for an additional five (5) year period upon payment of an amount equal to the amount of his original bid.

(b) No more than three (3) licenses in which amara fights may be conducted shall be granted, provided, that this restriction shall not take effect until the expiration of licenses issued pursuant to previous law.

(c) The Board may suspend or revoke a license for violation of any section of this Chapter or of the rules and regulations issued pursuant thereto. Any action for suspension or revocation shall be taken as provided by the Administrative Adjudication Act.

(d) The Board shall not issue a license to any natural person who is not a citizen of the United States and a resident of Guam not to a legal entity in which the ownership is not at least fifty-one percent (51%) vested in citizens of the United States who are residents of Guam.

SOURCE: GC § 26109. Repealed and reenacted by P.L. 13-28:4; further repealed and reenacted by P.L. 16-120:28(b).
NOTE: Sections 26109 through 26112 were repealed in their entirety and a new ‘
26109 [§ 39109] was enacted. by P.L. 13-28:4.