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us-gu · Through P.L. 38-133 (June 4, 2026)

12 GCA § 58105: Promotion of General Economic Improvement.

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Where this section sits in the code
  1. Title 12: Autonomous Agencies
  2. Division 2 - Economic Development
  3. Chapter 58: Qualifying Certificates
  4. ARTICLE 1: QUALIFYING CERTIFICATES PROGRAMS

No Qualifying Certificate shall be issued unless the Authority finds that the proposed activities of the Beneficiary shall promote the general economic development of Guam by:

(a) Employment. Creation of employment; plus

(b) Replace Imports. Replacement of imports; or

(c) Price Reduction. Reduction in consumer prices; or

(d) Affordable Housing and Needed Facilities. Creation of affordable housing or other vitally needed facilities; or

(e) Economic Activity. Creation of economic activity of value to Guam; or

(f) Insurance. Establishment of Guam as a financial/insurance center for the Pacific, and increasing the availability and lowering the cost of insurance in Guam.

Collected 2026-09-27T03:24:38Z. Source file · JSON

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