11 Guam Code Ann. § 3405
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Terms Used In 11 Guam Code Ann. § 3405
- 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.
Subject to any limitations that may be imposed by regulation adopted by the Board, no person shall offer or give any alcoholic beverages to any person in conjunction with the operation of any business, except that any person, including a licensee, may serve and provide, at no charge, food and alcoholic and non-alcoholic beverages to persons attending special promotions, grand openings, special gatherings, and similar occasions. In addition, any licensee may donate for charitable events alcoholic and non-alcoholic beverages to any not-for profit, charitable corporation or association which has a current certificate of tax exemption from the government of Guam.
SOURCE: GC § 25304. Amended by P.L. 22-80:3 (3/3/94).