18 Guam Code Ann. § 2101
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Terms Used In 18 Guam Code Ann. § 2101
- 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 corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes, and properties expressly authorized by law or incident to its existence.
SOURCE: CC § 283.
COL070307
18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 2 FORMATION OF CORPORATIONS