{"data":{"id":"us-gu/4-gca-8149","jurisdiction":"us-gu","citation":"4 GCA § 8149","heading":"Same: Bank Deposits; Other Cash Equivalents.","body":"(a) Interest-bearing time deposits, demand deposits, and cash sweep deposit accounts in banks organized under the laws of the United States, or any state or territory thereof; provided, that said bank:\n(1) has Tier 1 capital in excess of One Billion Dollars ($1,000,000,000); and\n(2) is a member of the Federal Reserve System; and\n(3) together with any predecessors, have been conducting a banking business for a continuous period of ten (10) or more years; or\n(4) any bank or savings and loan association chartered in Guam, and a member of the Federal Deposit Insurance Corporation or the Federal Home Loan Bank System.\n(b) Cash equivalents purchased in investment funds authorized under § 8158 or in exchange-traded funds authorized under § 8158.1; in amounts and for durations approved by the Board in connection with the management of uninvested cash balances; such purchases shall be excluded from limitations of § 8158(e) and § 8158.1(b).","path":["Title 4: Public Officers and Employees","Chapter 8: Retirement of Public Employees","ARTICLE 1: DEFINED BENEFIT PLAN [OLD PLAN]"],"source_url":"https://col.guamcourts.gov/sites/default/files/04gc008_Q.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T02:14:48Z","sha256":"5d6273126dd34fa828ace3c62219122a6b8a3a1d29c37751bc55487ae652e8dd","source_id":"us-gu","stale":false,"prev":"us-gu/4-gca-8148","next":"us-gu/4-gca-8150"},"notice":"GroundRules: Original legal text. Not legal advice."}