11 Guam Code Ann. § 106310
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Terms Used In 11 Guam Code Ann. § 106310
- Fiduciary: A trustee, executor, or administrator.
Where a resulting territorial bank is not to exercise trust powers, the Commissioner shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging banks or the converting bank.
SOURCE: GC § 30609.