Guam § 162107 - Interests of a Financial Institution.
Full text of Guam Guam Code Annotated § 162107 — Interests of a Financial Institution., with citation guidance and answers to common questions.
§ 162107. Interests of a Financial Institution.
A financial institution administering a fund shall not have an interest in that fund other than in its
fiduciary capacity. If, because of a creditor relationship or otherwise, the bank acquires an interest in a
participating account, the participating account must be withdrawn on the next withdrawal date. However,
a financial institution may invest assets that it holds as fiduciary for its own employees in a fund.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 162107
What does Guam Code Annotated § 162107 cover?
Section 162107 ("Interests of a Financial Institution.") 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 § 162107?
A common citation format is "Guam Code Annotated § 162107" (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 § 162107 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.