Guam § 139104 - Specific Powers of Association.
Full text of Guam Guam Code Annotated § 139104 — Specific Powers of Association., with citation guidance and answers to common questions.
§ 139104. Specific Powers of Association.
An association operating under this Title shall have all the specific
powers conferred by this Title and in addition thereto, the following
general powers:
To exercise, notwithstanding the provisions of §2105 of Title 18,
Guam Code Annotated, all the powers necessary to qualify as a trustee or
custodian under the Federal Self-Employed Individuals Tax Retirement
Act of 1962, as amended, and the Employee Retirement Income Security
Act of 1974; provided that any funds held in such capacity shall be
invested only in a savings account or time deposit of the institution.
Frequently Asked Questions About Guam § 139104
What does Guam Code Annotated § 139104 cover?
Section 139104 ("Specific Powers of Association.") 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 § 139104?
A common citation format is "Guam Code Annotated § 139104" (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 § 139104 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.