Every foreign banking corporation licensed by the Commissioner to transact business in this Territory, whenever required by the Commissioner, shall make a written report to him, in such form as he shall prescribe, In words and figures of the English language, verified by one of its officers, managers or agents residing in this Territory. Such report shall show the actual financial condition of the corporation’s business in this Territory at the close of any past day designated by the Commissioner, and shall set forth such other information as the Commissioner may require. The verification of such report shall state that the person making it has a personal knowledge of the matters therein contained and that he believes that every allegation, statement and matter contained therein is true. If required by the Commissioner such corporation shall furnish complete financial information, in such form and detail as the Commissioner may prescribe, in words and figures of the English language verified by the proper officers, covering all the corporation’s business not only in this Territory but elsewhere. The Commissioner or his designee shall also be empowered to enter the premises of any foreign banking corporation and to examine the books of record of its Guam business kept pursuant to § 106724.

SOURCE: GC § 30930. Added by P.L. 13-111:5.