Transaction of Business in Guam on Behalf of Foreign Banking Corporation not

Authorized: Penalty. Any person who transacts business in Guam on behalf of a foreign banking corporation which is subject to the provisions of this Chapter but which is not authorized to transact business in Guam is guilty of a misdemeanor and in addition thereto shall be liable to the people of Guam in the sum of One Hundred Dollars ($100.00) per day for each day that such offense continues.