{"data":{"id":"us-gu/11-gca-106179","jurisdiction":"us-gu","citation":"11 GCA § 106179","heading":"Borrowing.","body":"A bank may borrow money and issue evidence of indebtedness for a loan for temporary purposes in an amount not exceeding its capital and surplus or in such larger amount or for such other purposes as the Commissioner approves. Debentures issued by a territorial bank may not be retired without the approval of the Commissioner and they shall so provide in express terms.","path":["Title 11: Finance and Taxation","Division 4 - Banks and Banking","Chapter 106: Banks","ARTICLE 1: BANKING PRACTICES","SUBARTICLE D: RESERVES, LOANS, INVESTMENTS AND MISCELLANEOUS"],"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":"76aecdf49f83673dc9b3aab1b4af2318c868ca8f998b43fe8ae84463558d107f","source_id":"us-gu","stale":false,"prev":"us-gu/11-gca-106178","next":"us-gu/11-gca-106180"},"notice":"GroundRules: Original legal text. Not legal advice."}
