{"data":{"id":"us-gu/22-gca-15308","jurisdiction":"us-gu","citation":"22 GCA § 15308","heading":"Promotional Expense.","body":"The Commissioner shall not issue a certificate to any domestic insurer where the Commissioner’s examination shows that the expense of organization and promotion exceeds ten percent (10%) of the total amount actually paid on its capital stock.","path":["Title 22: Business Regulation","Division 2 - Insurance Law","Chapter 15: Business of Insurance","ARTICLE 3: DOMESTIC INSURERS"],"source_url":"https://col.guamcourts.gov/sites/default/files/22gc015.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T04:17:58Z","sha256":"9a723ec77eeab72aa3aaee8d9f239a78afe6c8f154f65e1463b2401362da5741","source_id":"us-gu","stale":false,"prev":"us-gu/22-gca-15307","next":"us-gu/22-gca-15309"},"notice":"GroundRules: Original legal text. Not legal advice."}
