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Terms Used In 11 Guam Code Ann. § 106178

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
A bank may sell any asset in the ordinary course of business, or, with the approval of the Board, in any other circumstance, but the sale of all or substantially all of the assets of a bank or of a department thereof is governed by § 106179.

SOURCE: GC § 30307.