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59 chapters · 1,235 sections in this title.
11 GCA § 106313 Bank Holding Company Formation and Acquisition
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(a) In order to facilitate the acquisition of a territorial bank, a bank holding company or a company, which upon the acquisition of such territorial bank would become a bank holding company, may establish a wholly owned, non-banking subsidiary corporation especially for such pur…
11 GCA § 106350 Elections
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This Article constitutes: (a) An election to prohibit interstate merger transactions pursuant to Section 44(a)(2) of the Federal Deposit Insurance Act until June 1, 2001; (b) An election to prohibit interstate branching through the acquisition of a branch of a territorial bank in…
11 GCA § 106351 Definitions
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As used in this Article, unless a different meaning is required by the context, the following words and phrases shall have the following meanings: (a) “Acquisition of a branch” means the acquisition of a branch located in a host state, without engaging in an interstate merger tra…
11 GCA § 106352 Prohibition on Interstate Merger Transactions
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Pursuant to Section 44(a)(2) of the Federal Deposit Insurance Act, no Guam bank may engage in a merger transaction involving an out-of-state bank. This provision shall become inapplicable and merger transactions involving Guam banks and out-of-state banks shall be permitted on an…