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59 chapters · 1,237 sections in this title.
11 GCA § 106101 Interest on Accounts
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A bank may maintain deposit accounts and pay interest on balances therein at rates which need not be uniform. The Board may by general regulations fix maximum rates of interest and prohibit the payment of interest on demand accounts. SOURCE: GC § 30030.
11 GCA § 106102 Payment of Items
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So long as the balance in any account subject to withdrawal by or upon the order of a depositor shall equal or exceed the amount of any item presented for payment, a bank may select from items which in the aggregate exceed the balance, the items to be paid in any order convenient…
11 GCA § 106103 Interest Rate by Banks on Home Mortgage Escrow
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A bank shall pay interest at a rate not less than that paid on regular passbook savings accounts as calculated by the individual banks on Guam on home mortgage escrow accounts. SOURCE: GC § 30030.1. Added by P.L. 15-093:1 (Jan. 17, 1980).
11 GCA § 106104 Transactions Outside the Regular Banking Hours or on Holidays
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Nothing in any law of Guam shall in any manner whatsoever affect the validity of, or render void or voidable, the payment, certification, or acceptance of a check or other negotiable instrument or any other transaction by a bank because done or performed on any holiday or half-ho…