Terms Used In 5 Guam Code Ann. § 61307

  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
animal to be slaughtered in the Territory of Guam for the purpose of processing or manufacturing meat, meat products, or by-products therefrom for sale for human consumption, the carcass of such animal after slaughter, and any meat, meat product, or by-products processed or manufactured therefrom in Guam for sale for human consumption, must be inspected and approved as fit for human consumption by a qualified veterinarian of the Department of Agriculture of his duly authorized represen- tative. The veterinarian shall condemn any such animal found by him to be incurably diseased, and such meat, meat products, or by-products found by him to be unfit for human consumption. The veterinarian’s approval of meat found fit for human consumption shall be indicated by impressing upon each primal part of such meat or carcass a form of stamp approved by the Director. All animals, carcasses, or meat condemned under this Section shall be disposed of under the direction and supervision of the veterinarian. When an animal is condemned under this Section, or the carcass or meat therefrom, the owner of the animal shall be entitled to indemnification in such amount as determined by the

Director in accordance with regulations promulgated pursuant to
§ 60108 of this Division.
SOURCE: GC § 12146; amended by P.L. 4-70.