12 GCA § 58105: Promotion of General Economic Improvement.
Where this section sits in the code
- Title 12: Autonomous Agencies
- Division 2 - Economic Development
- Chapter 58: Qualifying Certificates
- 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