18 Guam Code Ann. § 2106
Terms Used In 18 Guam Code Ann. § 2106
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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.
- Executor: A male person named in a will to carry out the decedent
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Trustee: A person or institution holding and administering property in trust.
COL070307
18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 2 FORMATION OF CORPORATIONS
receiver, depository or trustee under appointment of any court or by authority of law, there must be attached thereto a certificate of approval of the Governor of Guam.
Before any corporation whose purpose includes, or is to include, that of an investment company or international finance company, or both, may file with the Director of Revenue & Taxation its articles or an amendment to its articles, or an agreement for consolidation or merger which would permit the corporation to conduct the business of acting as an investment company or international finance company, or both, there must be attached thereto a certificate of approval by the Administrator under the Uniform Securities Act indicating compliance with and satisfaction of the requirements of [§ 45202 of the Government Code and any rules relating thereto prescribed by the Administrator pursuant to [§ 45412 of the Government Code.
SOURCE: CC § 290a; final paragraph added by P.L. 16-115:3 (10/21/82).