Guam § 103110 - Banking or Insurance Interests of Officers and

§ 103110. Banking or Insurance Interests of Officers and

Employees.

(a) No employee of the Division shall be an officer,

director, trustee, attorney, owner, shareholder, partner, broker,

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agent, solicitor, employee or representative of any bank or

insurance company, or, except as hereinafter provided, receive,

directly or indirectly, any payment or gratuity from any such

organization, or be indebted to any bank or insurance company,

or engaged in the negotiation of loans or contract of insurance

for others with any such bank or insurance company.

(b) This provision shall not prohibit being a depositor or

insurance policy holder on the same terms as are available to the

public generally, or being indebted to a bank on the same terms

as are available to the public generally, including, but not limited

to, a mortgage loan upon the mortgagor’s own home, and

installment debt of a personal nature.