11 GCA § 106513

Injunction

Guam Code AnnotatedTitle 11 — Finance and Taxation

Whenever a violation of this Title by a bank or an officer, director or employee thereof is threatened or impending and will cause substantial injury to the institution or to the depositors, creditors, or stockholders thereof, the District Court of Guam shall, upon suit instituted by the Commissioner, issue an injunction restraining such violation.

§ The story of this section

Affected by P.L. 23-127 § 2 — introduced as Bill 681-23 · introduced by Francis E. Santos + 2 cosponsors

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