us-gu · Through P.L. 38-133 (June 4, 2026)

11 GCA § 106502: Unauthorized Assumption of Liability.

Where this section sits in the code

Title 11: Finance and Taxation
Division 4 - Banks and Banking
Chapter 106: Banks
ARTICLE 5: PROHIBITED PRACTICES, SANCTIONS

Except as expressly permitted in this Title, a territorial bank shall not assume liability as an insurer or as a guarantor or indorser of any security instrument or obligation in which or with respect to which it has no property interest.

Collected 2026-09-27T03:18:18Z. Source file · JSON

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