GroundRules
11 GCA § 106352: Prohibition on Interstate Merger Transactions.
Where this section sits in the code
- Title 11: Finance and Taxation
- Division 4 - Banks and Banking
- Chapter 106: Banks
- ARTICLE 3.5: INTERSTATE BRANCHING AND BANK MERGERS
Pursuant to Section 44(a)(2) of the Federal Deposit Insurance Act, no Guam bank may engage in a merger transaction involving an out-of-state bank. This provision shall become inapplicable and merger transactions involving Guam banks and out-of-state banks shall be permitted on and after June 1, 2001.
Collected 2026-09-27T03:18:18Z. Source file · JSON