International Banking Corporations Incorporated in the United States

Any international banking corporation incorporated within any state, territory or possession of the United States may maintain a branch office within Guam, subject to the regulations of the banking and insurance board; provided however that such international banking corporation may not conduct a domestic banking business on Guam. SOURCE: GC § 30901. NOTE: Reference to the “Banking Board” changed to “Banking and Insurance Board” pursuant to P.L. 27-088:10 (May 6, 2004).