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59 chapters · 1,235 sections in this title.
11 GCA § 160101 Declaration of Legislative Intent
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Liheslaturan Guåhan finds as facts and determines that: (a) there exists on the island of Guam a need for the protection of the public interest, to regulate companies which are engaged in the Trust Company business; (b) such trust companies should be licensed and regulated in suc…
11 GCA § 160102 Definitions
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For the purposes of this Chapter, except as otherwise specifically provided, the following words and phrases, together with all of the COL4122017 common derivatives thereof (i.e. verbs, plurals, feminine gender, etc.) shall have the meaning ascribed to them as follows: (a) Benefi…
11 GCA § 160103 Applicability of Chapter
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This Chapter does not apply to: (a) banks or banking institutions regulated under the provisions of Chapter 100 of Title 11 of the Guam Code Annotated; (b) savings and loan institutions regulated under Chapter 141 of Title 11 of the Guam Code Annotated; (c) title insurers, but on…
11 GCA § 160201 Unlawful to Engage in Business of Trust Company
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Without License. It is unlawful for any Trust Company to engage in the business of a Trust Company without complying with the provisions of this Chapter and having a license issued by the Commissioner.