11 GCA § 106177: Acquisition of Banking Premises and Equipment.

(a) A bank may acquire real estate and equipment and improve real estate to be used in the transaction of its business on Guam and may rent any space so acquired in a building in excess of its present actual need; provided that unless a larger investment is authorized by the Commissioner, no banks shall invest more than the following:

Investment

Land, building and equipment

(other than safe deposit equipment) 50% of capital

Equipment alone

(other than safe deposit equipment) 15% of capital

Safe deposit equipment 10% of capital in addition to the above

(b) The rate of depreciation of property so acquired may be prescribed by the Commissioner.