{"data":{"id":"us-gu/11-gca-106205","jurisdiction":"us-gu","citation":"11 GCA § 106205","heading":"Incorporators.","body":"A territorial bank may be organized by five (5) or more individual incorporators. All incorporators shall be United States citizens and residents of Guam. Each incorporator shall subscribe and pay in full in cash for stock having a par value of not less than one-half of one percent (2 of 1%) of the minimum capital and paid in surplus requirements.","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":"d5adb863e30996ce3a32780ed5706ddc533cba2d15d5552ea96cdfacdd6046b0","source_id":"us-gu","stale":false,"prev":"us-gu/11-gca-106204","next":"us-gu/11-gca-106206"},"notice":"GroundRules: Original legal text. Not legal advice."}