11 GCA § 106356: Powers; Principal Guam Office.

(a) An out-of-state bank which establishes or operates a branch in Guam under this Title may conduct any activities at the branch in Guam that are authorized under the laws of Guam for territorial banks.

(b) An out-of-state bank that has acquired a branch in Guam in an interstate merger transaction pursuant to this Article may establish or acquire additional branches or other places of business in Guam as authorized pursuant to Article 6 of this Division to the same extent that any territorial bank may establish or acquire a branch or other places of business in Guam under applicable Federal and state law.

(c) If an out-of-state bank operates two (2) or more branches in Guam, the out-of-state bank shall designate one (1) of its branches as its principal office in Guam.