{"data":{"id":"us-gu/11-gca-106202","jurisdiction":"us-gu","citation":"11 GCA § 106202","heading":"Out of State Banks.","body":"No out-of-state bank shall transact business in Guam. This Section shall not be deemed to prohibit:\n(a) Any out-of-state bank from making loans secured by liens on real property located in Guam;\n(b) Any out-of-state bank from being a resulting bank in an interstate merger transaction conducted pursuant to Article 3.5 of this Chapter;\n(c) Any out-of-state bank from operating a branch within Guam to the extent permitted pursuant to Article 3.5 of this Chapter and by § 106601; or\n(d) Any out-of-state bank doing business within Guam on the effective date of this Act from operating its branches within Guam in existence of the effective date of this Act.","path":["Title 11: Finance and Taxation","Division 4 - Banks and Banking","Chapter 106: Banks","ARTICLE 2: ORGANIZATION AND CORPORATE FUNCTIONS OF BANKS"],"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":"35cf5a8fafda5b325fb8b3f78c047b1b3f0b85f991a1bcb1f8aea7355aae9e3d","source_id":"us-gu","stale":false,"prev":"us-gu/11-gca-106201","next":"us-gu/11-gca-106203"},"notice":"GroundRules: Original legal text. Not legal advice."}
