security for the faithful performance of its obligations, each licensee before engaging in the business of transmitting money shall deposit with the Treasurer of Guam Fifty Thousand Dollars ($50,000.00) in lawful money, or securities of the kind which may be deposited by trust companies to secure court and private trusts, having a market value of at least Fifty Thousand Dollars ($50,000.00).

SOURCE: GC §30961.