Loans: Purchase or Sale of Bonds

Nothing in this Chapter shall prohibit a foreign corporation, subject to compliance with any applicable laws of Guam pertaining to foreign corporations and any other applicable law, and which is not engaged in the banking business from lending money or buying or selling bonds in Guam and for that purpose maintaining offices in Guam and suing and being sued in Guam under its corporate name. SOURCE: GC § 30929. Added by P.L. 13-111:5 (Dec. 11, 1975). 2025 NOTE: References to “Territory” replaced with “Guam” pursuant to 1 GCA 420.