{"data":{"id":"us-gu/11-gca-106355","jurisdiction":"us-gu","citation":"11 GCA § 106355","heading":"Prohibition of Out-of-State Banks to Establish De Novo Interstate Branch.","body":"(a) An out-of-state bank that does not operate a branch in Guam acquired through an interstate merger transaction under this Title may not establish and operate a de novo branch in Guam.\n(b) An out-of-state bank that does not operate a branch in Guam acquired through an interstate merger transaction under this Title may not establish and operate a branch in Guam through the acquisition of a branch.\n(c) Notwithstanding Subsection (b), the Commissioner may approve the acquisition of a branch by an out-of-state bank in the case of a Guam bank that has been determined by a Federal bank supervisory agency to be in default or in danger of default.","path":["Title 11: Finance and Taxation","Division 4 - Banks and Banking","Chapter 106: Banks","ARTICLE 3.5: INTERSTATE BRANCHING AND BANK MERGERS"],"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":"361ef03bbad92f11d8be060db18a31ac72f2dc5f36d59afef35d6cece1639e4b","source_id":"us-gu","stale":false,"prev":"us-gu/11-gca-106354","next":"us-gu/11-gca-106356"},"notice":"GroundRules: Original legal text. Not legal advice."}