Minimum Capitalization. — Guam Code § 160203
Guam Code § 160203 — Minimum Capitalization.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 160203. Minimum Capitalization.
No Trust Company may be organized or operated with a capital of
less than One Hundred Thousand Dollars ($100,000.00), or in such
greater amount as may be required by the Commissioner, and paid-up
surplus of Fifty Thousand Dollars ($50,000.00), or in such greater
amount as may be required by the Commissioner. The full amount of the
capital and surplus must be paid in cash, exclusive of all organization
expenses, before the Trust Company is authorized to commence
business.
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 160203
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Minimum Capitalization.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Guam Code Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Guam attorney.
Common questions
What is the source of Guam Code Annotated § 160203?
The text above is transcribed from the Guam Code Annotated, the codified statutes of Guam. The official publisher link appears under "Verify the text" on this page.
What subject does Guam Code Annotated § 160203 address?
It addresses "Minimum Capitalization.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 160203 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Guam source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Guam law to your facts requires a licensed Guam attorney who can review the specifics.