11 GCA § 160103: Applicability of Chapter.

This Chapter does not apply to:

(a) banks or banking institutions regulated under the provisions of Chapter 100 of Title 11 of the Guam Code Annotated;

(b) savings and loan institutions regulated under Chapter 141 of Title 11 of the Guam Code Annotated;

(c) title insurers, but only respecting escrows;

(d) nonprofit, charitable trusts or trust associations;

(e) any person, if:

(1) the fiduciary relationship is not one of the person’s principal occupations; or

(2) that person serves as trustee for a relative by blood or marriage; or

(f) to a beneficiary of the Guam Foreign Direct Investment Equity Act.