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

11 GCA § 162107: Interests of a Financial Institution.

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Where this section sits in the code
  1. Title 11: Finance and Taxation
  2. Division 5 - Savings and Loans Associations
  3. Chapter 162: Collective Investment Funds Act

A financial institution administering a fund shall not have an interest in that fund other than in its fiduciary capacity. If, because of a creditor relationship or otherwise, the bank acquires an interest in a participating account, the participating account must be withdrawn on the next withdrawal date. However, a financial institution may invest assets that it holds as fiduciary for its own employees in a fund.

Collected 2026-09-27T03:21:18Z. Source file · JSON

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