{"data":{"id":"us-gu/11-gca-106107","jurisdiction":"us-gu","citation":"11 GCA § 106107","heading":"Deposits in Trust.","body":"(a) Whenever any deposit shall be made in any bank by any person in trust for another, and no other or further notice of the existence and terms of a legal and valid trust shall have been given in writing to the bank; in the event of the death of the trustee, the same, or any part thereof, together with the dividends or interest thereon, may be paid to the person for whom said deposit was made.\n(b) No bank so paying any such survivor shall thereby be liable for any estate, inheritance or succession taxes due Guam.","path":["Title 11: Finance and Taxation","Division 4 - Banks and Banking","Chapter 106: Banks","ARTICLE 1: BANKING PRACTICES","SUBARTICLE A: ACCOUNTS"],"source_url":"https://col.guamcourts.gov/sites/default/files/11gc106.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:18:18Z","sha256":"39eb5a4dfc155a26e7347dbe883030280590679698259255463bbe0586ba4535","source_id":"us-gu","stale":false,"prev":"us-gu/11-gca-106106","next":"us-gu/11-gca-106108"},"notice":"GroundRules: Original legal text. Not legal advice."}