Guam § 72102 - Banking.
Full text of Guam Guam Code Annotated § 72102 — Banking., with citation guidance and answers to common questions.
§ 72102. Banking.
(a) Every person engaging in or carrying on business in Guam of
banking or receiving the money of others on deposit shall be required
annually to obtain a commercial license; provided, however, that in
addition to the requirements of this Subchapter, a license shall not be
issued to a foreign banking corporation unless its application has first
been approved by the Banking and Insurance Board pursuant to 22 GCA
Frequently Asked Questions About Guam § 72102
What does Guam Code Annotated § 72102 cover?
Section 72102 ("Banking.") 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 § 72102?
A common citation format is "Guam Code Annotated § 72102" (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 § 72102 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.