Terms Used In 18 Guam Code Ann. § 2216

  • 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.
The meeting of the members or stockholders of a corporation shall be held at the place where the principal office of the corporation is established or located and where practicable, in the principal office of the corporation. Directors’ meeting may be held at the place fixed in the bylaws.

SOURCE: CC § 319.