§ 12109 Penalty
§ 12102 Provisions Construed as Continuations
§ 12103 Not Retroactive
§ 12104 Definitions
§ 12105 Exercise of Power
§ 12106 Notice
§ 12107 Time
§ 12108 Scope of Title
§ 12109 v2 Penalty
§ 12110 False Swearing
§ 12111 Conflict of Interest Between Insured and Insurer
§ 12111.1 Misrepresentations and False Advertising Prohibited
§ 12112 Twisting Prohibited
§ 12113 Air Ambulance Services Membership Plan Exempted
§ 12201 Service Contracts Excepted
§ 12202 Definitions
§ 12203 License Required
§ 12204 Financial Responsibility
§ 12205 Powers and Duties
§ 12206 Recordkeeping
§ 12207 Filing of Annual Report
§ 12208 Receipt and Disclosures
§ 12209 Returns and Refunds
§ 12210 Prohibited Acts
§ 12211 Rules
§ 12212 Enforcement
§ 12214 Severability

Terms Used In Guam Code > Title 22 > Chapter 12 - Administration

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attorney-at-law: A person who is legally qualified and licensed to practice law, and to represent and act for clients in legal proceedings.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Defense attorney: Represent defendants in criminal matters.
  • 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.
  • 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
  • Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Subpoena: A command to a witness to appear and give testimony.