Approval. — Guam Code § 18501
Guam Code § 18501 — Approval.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 18501. Approval.
(a) All rates, rate schedules, rate plans and methods of
computing rates to be applied to any insurance transacted in
Guam shall be filed with the office of the Commissioner, and
before any rates may be charged, advertised, publicized, or
otherwise represented, they shall have the approval of the
Commissioner.
(b) It shall be unlawful for any insurer to use any rates in
violation of the provisions of this section, or to alter, amend or
otherwise change any rates without the approval of the
Commissioner.
(c) It shall be unlawful for any insurer to charge any rate for
any insurance transacted in Guam other than the rate approved
by the Commissioner for such insurer for such risk and class of
insurance.
(d) A filing fee of Two Hundred Dollars ($200.00) shall be
paid for every rate plan or request for the Commissioner’s
approval that is filed with the Commissioner.
COL6/24/2021
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 18501
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Approval.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Guam Code Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Guam attorney.
Common questions
What is the source of Guam Code Annotated § 18501?
The text above is transcribed from the Guam Code Annotated, the codified statutes of Guam. The official publisher link appears under "Verify the text" on this page.
What subject does Guam Code Annotated § 18501 address?
It addresses "Approval.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 18501 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Guam source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Guam law to your facts requires a licensed Guam attorney who can review the specifics.