18 Guam Code Ann. § 13125
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Terms Used In 18 Guam Code Ann. § 13125
- 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.
Any corporation or association organized under previously existing statutes for the purpose of cooperatively marketing products as defined in this Chapter shall be deemed organized and existing under and by virtue of the terms of this Chapter, and any of the restrictions and benefits thereof shall apply in all of their terms to such corporation.
SOURCE: CC § 650.25.