{"data":{"id":"us-gu/11-gca-160212","jurisdiction":"us-gu","citation":"11 GCA § 160212","heading":"Cancellation of License If Trust Company Fails to Open for Business.","body":"If a proposed Trust Company fails to open for business within six (6) months after the date the license was issued, or within an additional six (6) month extension granted by the Commissioner upon written application and for good cause shown, the Commissioner shall issue an order canceling the Trust Company =s license.","path":["Title 11: Finance and Taxation","Division 5 - Savings and Loans Associations","Chapter 160: Guam-Based Trust Companies Act","ARTICLE 2: ORGANIZATION AND LICENSING"],"source_url":"https://col.guamcourts.gov/sites/default/files/11gc160.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:20:58Z","sha256":"214fbcfa8ad045daf1d50be2742ed36373eaa89a9b1b3044ec60e802e096c948","source_id":"us-gu","stale":false,"prev":"us-gu/11-gca-160211","next":"us-gu/11-gca-160301"},"notice":"GroundRules: Original legal text. Not legal advice."}