11 GCA § 160402: Fees for Examination; Frequency of Examination.
Where this section sits in the code
- Title 11: Finance and Taxation
- Division 5 - Savings and Loans Associations
- Chapter 160: Guam-Based Trust Companies Act
- ARTICLE 4: EXAMINATION AND REGULATION
(a) For each examination of a Trust Company =s books and records required or authorized under this Chapter, the Commissioner shall charge and collect from the Trust Company a fee for conducting the examination and in preparing and typing the report of the examination at a reasonable rate to be established by the Commissioner.
(b) All money collected under this Section must be paid directly to the General Fund of the government of Guam and allocated pursuant to § 160308.
(c) The Commissioner shall examine a licensee as often as the Commissioner deems necessary, with cause.
Collected 2026-09-27T03:20:58Z. Source file · JSON