12 Guam Code Ann. § 3105
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Terms Used In 12 Guam Code Ann. § 3105
- 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.
e Corporation shall be governed by a Board of Trustees, who shall consist of seven (7) members of the general public: one (1) of whom must be employed as a classroom teacher with at least three (3) years of teaching experience, none of whom,
except the classroom teacher, may be an employee of the government of Guam, who shall be appointed by I Maga=lahen Guahan with the advice of and consent of I Liheslaturan Guahan. The membership representing the general public shall serve for a term of four (4) years; provided, however, that in making the first appointment, I Maga=lahen Guahan shall designate three (3) persons to serve a one (1) year term, two (2) to serve a three (3) year term and two (2) persons to serve a four (4) year term. If a member appointed under this Subsection shall, during his term of office, permanently departfrom the Island, resign or otherwise be unable to fulfill the responsibilities of the position, I Maga=lahen Guahan shall appoint a new member to fill the unexpired term in the same manner as prescribed for appointment to a new term. All members of the Board shall serve for the term specified or until their successors are appointed and qualified.
SOURCE: GC § 61004. Amended by P.L. 25-036:1 (June 7, 1999).
except the classroom teacher, may be an employee of the government of Guam, who shall be appointed by I Maga=lahen Guahan with the advice of and consent of I Liheslaturan Guahan. The membership representing the general public shall serve for a term of four (4) years; provided, however, that in making the first appointment, I Maga=lahen Guahan shall designate three (3) persons to serve a one (1) year term, two (2) to serve a three (3) year term and two (2) persons to serve a four (4) year term. If a member appointed under this Subsection shall, during his term of office, permanently departfrom the Island, resign or otherwise be unable to fulfill the responsibilities of the position, I Maga=lahen Guahan shall appoint a new member to fill the unexpired term in the same manner as prescribed for appointment to a new term. All members of the Board shall serve for the term specified or until their successors are appointed and qualified.
SOURCE: GC § 61004. Amended by P.L. 25-036:1 (June 7, 1999).