Terms Used In 12 Guam Code Ann. § 70102

  • 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 promote the construction of new hotels, the expansion of existing hotels, and the construction of tourist facilities for

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12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 70 HOTEL DEVELOPMENT

the adequate accommodation, amusement of, and service to tourists and other visitors to Guam.
SOURCE: GC §53609.1, as added by P.L. 16-87. Amended by P.L.23-135:2.