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Terms Used In 18 Guam Code Ann. § 10108

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • 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.
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
Any religious society or religious order, or any diocese, synod, or district organization of any church, unless forbidden by the constitution, rules, regulations, or discipline of the religious order, society, or church of which it is a part, or by competent authority, may upon the written consent of two-thirds (2/3) of the membership, or by an affirmative vote of two- thirds (2/3) of the membership had at a regular meeting, incorporate for the administration of its temporalities or for the management of its properties or estates by filing with the Director of Revenue & Taxation articles of incorporation verified by the affidavit or affirmation of the presiding officer, secretary, or clerk or other member of such religious society, religious order, or diocese, synod, or district organization of the church setting forth the following facts:

(a) That the religious society, religious order, or district organization is a religious society or religious order or diocese, synod, or district organization of some church;

(b) That two-thirds (2/3) of its membership have given their written consent or have voted to incorporate at a regular meeting of the body;

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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 10 RELIGIOUS AND NONPROFIT CORPORATIONS

(c) That the incorporation of the religious society, religious order, diocese, synod or district organization of the church desiring to incorporate is not forbidden by competent authority or by the constitution, rules, regulations, or discipline of the society, church, or order of which it is a part;

(d) That the religious society or religious order or diocese, synod, or district organization of the church desires to incorporate for the administration of its temporalities or the management of its properties or estates;

(e) The place where the principal office of the corporation is to be established and located, which place must be within Guam;

(f) The names and residences of the directors or trustees elected by the religious society or order, or the diocese, synod, or district organization of the church to serve for the first year or such other times as may be prescribed by the laws of the society or order, or of the diocese, synod or district organization of the church, the board of directors or trustees to be not less than five (5) nor more than fifteen (15). For the filing of such articles of incorporation, the Director of Revenue & Taxation shall collect Twenty-five Dollars ($25.00).

SOURCE: CC § 507. Subsection (f) amended by P.L. 29-002:V:I:64 (May 18, 2007).