Attorney's Note

Under the Guam Code, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
misdemeanorup to 1 yearup to $1,000
For details, see 9 Guam Code Ann. § 80.34

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Terms Used In 11 Guam Code Ann. § 106734

  • 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.
COL292017
11 Guam Code Ann. FINANCE & TAXATION
CH. 106 BANKS

Any foreign banking corporation which is required to comply with the provisions of this Chapter and fails to do so is guilty of a misdemeanor and in addition thereto shall be liable to the people of this Territory in the sum of One Hundred Dollars ($100.00) per day for each day that such offense continues.

SOURCE: GC § 30932. Added by P.L. 13-111:5.