Depends. Most GM products have a bypass in the block. Most others, including my Chevy LUV, have it in the filter. With a bypass in the block, you should have a good flow of unfiltered oil. The bypass in the filter is another one way valve and wouldn't let the oil flow from the filter center to the outside.
Now inlets and outlets can become confusing. In a remote, the oil should flow out the outer hole in the engine filter mount to the outer holes in the filter, and back to the engine through the center hole and into the engine through the center hole. Inlet to inlet, and outlet to outlet.
Note, GM filters such as PF 47, PF 52, and PF 1177 have ABDV's. the PF 1177 is one of the few that have a bypass too.