12 Guam Code Ann. § 11108
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Terms Used In 12 Guam Code Ann. § 11108
- 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 Board shall appoint a Director who shall have at least five (5) years experience in the practice of law. The Director shall be a member of the classified service. The Director shall have the sole responsibility to carry out the purposes and duties of the Corporation.
SOURCE: § 60007 GC, as enacted by P.L. 13-051.