{"data":{"id":"us-gu/22-gca-15705","jurisdiction":"us-gu","citation":"22 GCA § 15705","heading":"Same: Refusal, Suspension, Revocation.","body":"(a) The Commissioner may, for the reasons contained herein, refuse to issue or renew a license, or may suspend or revoke a license, for any of the following reasons:\n(1) The person has wilfully violated any provision of this Title;\n(2) The person has intentionally made a material misstatement in his application;\n(3) The person has been guilty of fraudulent or dishonest practices;\n(4) The person has misappropriated or converted to his own use or illegally withheld monies held in a fiduciary capacity;\n(5) The person has misrepresented the terms and conditions of policies;\n(6) The person has been guilty of rebating;\n(7) The person has conducted his business in such a manner as to cause injury to the public or to those with whom he is dealing;\n(8) The person does not meet the necessary qualifications to act in such capacity.\n(b) A license may be suspended for not more than sixty (60) days. A person whose license has been revoked shall not be eligible to apply for a new license for a period of three (3) months.\n(c) A refusal, suspension, or revocation under this section shall be by order of Commissioner, and the person adversely affected may request a hearing pursuant to §12206.\n(d) Notice of any refusal, suspension or revocation of a license under this section shall be given to the insurer, general agent or sub-agent requesting that such applicant be licensed.","path":["Title 22: Business Regulation","Division 2 - Insurance Law","Chapter 15: Business of Insurance","ARTICLE 7: BROKERS, GENERAL AGENTS, SUB-AGENTS AND SOLICITORS"],"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":"581959dc10feb083982fde594b8df5bfab6c1445d71ae5a40adfa340ee43aec8","source_id":"us-gu","stale":false,"prev":"us-gu/22-gca-15704.2","next":"us-gu/22-gca-15705.1"},"notice":"GroundRules: Original legal text. Not legal advice."}