Investment Companies and International Finance Companies

Whenever any person shall be organized or formed or exist under the laws of this Territory other than as a corporation incorporated pursuant to this Part which if it were such a corporation would be an Investment Company or International Finance Company and is an association taxable as a corporation pursuant to the provisions of the Guam Territorial Income Tax Law, it shall be deemed an Investment Company or an International Finance Company, as the case may be, and may exercise the powers and be subject to the restrictions applicable pursuant to this Part to an Investment Company or International Finance Company as the case may be, except for provisions of this Part for corporate procedures which would be manifestly inapplicable to such person, but subject to such rules as may be issued by the administrator under the Uniform Securities Act.