28.0101 Purpose of Bank.

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In order to provide the people of American Samoa with lending and investment facilities and assist in the promotion of private enterprise and meet the needs of developing economy, the corporate body known as the “Development Bank of American Samoa”, hereinafter referred to as “the Bank”, is empowered under the charter of the Bank to carry out its purposes.

History: 1972, PL 12-67 § 1.