Terms Used In 12 Guam Code Ann. § 11106

  • 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.
The Corporation has the power to do any and all things necessary to further the purposes of this Chapter and to perform the duties imposed by §§ 11104, 11105 and 11115.

SOURCE: § 60005 GC, as enacted by P.L. 13-051; amended by P.L. 14-
98.