No foreign corporation may transact any business in American Samoa without first procuring a permit from the Governor to do so. Any foreign corporation which has transacted business in American Samoa since 1 January 1954 may continue to do so for 4 months after the effective date of this chapter without a permit.History: 1962, PL 7-20; 1968, PL 10-64.
Foreign corporation must procure a permit before transacting any business. ASG v. Salvage Pacific, Ltd. 1 A.S.R. 2d 98 (1983).