Guam § 106726 - Suspension or Revocation of License.
Full text of Guam Guam Code Annotated § 106726 — Suspension or Revocation of License., with citation guidance and answers to common questions.
§ 106726. Suspension or Revocation of License.
If the Commissioner finds that any foreign banking corporation to which he has issued a license
pursuant to § 106727 has violated any law or has conducted its affairs in an unauthorized manner, or is in
an unsound or unsafe condition, or cannot with safety and expediency continue business, the Commissioner,
may recommend that the Board suspend or revoke the license of such foreign banking corporation. The
Board may then suspend or revoke such license, and shall notify the corporation of such suspension or
revocation.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 106726
What does Guam Code Annotated § 106726 cover?
Section 106726 ("Suspension or Revocation of License.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 106726?
A common citation format is "Guam Code Annotated § 106726" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 106726 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.