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11 GCA § 106221

Deposit Insurance: Membership in Federal Reserve System

Guam Code AnnotatedTitle 11 — Finance and Taxation
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A bank shall obtain insurance of its deposits by the United States or any agency thereof and may acquire and hold membership in the Federal Reserve System. The insurance provision of this Section shall not apply to deposits held by foreign banking corporations pursuant to § 106728 of this Code.

§ The story of this section

  1. Amended by P.L. 13-111 § 3 (bill & sponsor pending — earlier Legislature not yet ingested)

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.