Terms Used In 18 Guam Code Ann. § 2213

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
If for any cause no meeting is held on the day fixed and appointed by law or by the bylaws of the corporation for holding the election of directors a meeting may be called for that purpose either by the directors or as provided in § 2210 hereof; and, at the meeting held in pursuance of such call the election may be had with the same effect as if it had taken place on the day fixed by law or by the bylaws of the corporation.

SOURCE: CC § 315.