18 Guam Code Ann. § 2210
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Terms Used In 18 Guam Code Ann. § 2210
- 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.
Whenever, from any cause, there is no person authorized to call a meeting, or when the officer authorized to do so refuses, fails, or neglects to call a meeting, the judge of the Superior Court, on the showing of good cause thereof, may issue an order to any stockholder or member of a corporation, directing him to call a meeting of the corporation by giving the proper notice required by this Part or the bylaws; and if there be no person
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 2 FORMATION OF CORPORATIONS
legally authorized to preside at such meeting, the judge of the Superior Court may direct the person calling the meeting to preside at the same until a majority of the members of stockholders representing a majority of the stock present and permitted by law to be voted have chosen one of their number to act as presiding officer for the purpose of the meeting.
SOURCE: CC § 311; amended by P.L. 9-256 (1/8/69). Island Court replaced by
Superior Court pursuant to P.L. 12-85. No § 312 existed in the Civil Code.