11 Guam Code Ann. § 106727
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Terms Used In 11 Guam Code Ann. § 106727
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A foreign banking corporation which is authorized by license under
§ 106725 may transact in this Territory the business of buying, selling, paying or collecting bills of exchange, of issuing letters of credit, of receiving money for transmission by draft, check, cable or otherwise, and of making loans. It may transact in this Territory the business of accepting deposits only as provided in § 106728.
§ 106725 may transact in this Territory the business of buying, selling, paying or collecting bills of exchange, of issuing letters of credit, of receiving money for transmission by draft, check, cable or otherwise, and of making loans. It may transact in this Territory the business of accepting deposits only as provided in § 106728.
SOURCE: GC § 30926. Added by P.L. 13-111:5.