18 Guam Code Ann. § 13102
Terms Used In 18 Guam Code Ann. § 13102
- 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.
(a) Products includes horticultural, viticultural, forestry, dairy, livestock, poultry, bee and any farm products.
(b) Member includes members of associations without capital stock and holders of common stock in associations organized with shares of stock.
(c) Association means any corporation organized under this Chapter. An association will be deemed incorporated under this Chapter or organized under this Chapter and will be deemed a producer of products within the meaning of this Chapter when it is functioning under, or is subject to, the provisions of this Chapter, irrespective of whether it was originally incorporated under such provisions or was incorporated under other provisions.
SOURCE: CC § 650.2.
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 13 NONPROFIT COOPERATIVE ASSOCIATIONS