GroundRules
11 GCA § 106721: Right of Foreign Banking Corporation to Engage in Business.
Where this section sits in the code
- Title 11: Finance and Taxation
- Division 4 - Banks and Banking
- Chapter 106: Banks
- ARTICLE 7: FOREIGN BANKING CORPORATIONS
- SUBARTICLE B: TRANSACTION OF BUSINESS
A foreign banking corporation shall not engage in the banking or trust business on Guam, unless it is licensed to do so pursuant to the provisions of § 106725, and unless it first complies with all the provisions of this Chapter and Chapter 7 of Title 18 of the Guam Code Annotated, and then only to the extent expressly permitted in this Chapter, or by regulations of the Board. In transacting such business a foreign banking corporation shall comply with all applicable provisions of this Title and of the laws of Guam.
Collected 2026-09-27T03:18:18Z. Source file · JSON