Terms Used In 18 Guam Code Ann. § 28108

  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
(a) Anyone may apply to the Director of Revenue & Taxation to furnish a certificate of existence for a domestic corporation or a certificate of authorization for a foreign corporation.

(b) A certificate of existence or authorization sets forth:

(1) the domestic corporation’s corporate name or the foreign corporation’s corporate name;

(2) that:

(A) the domestic corporation is duly incorporated under the laws of Guam, the date of its incorporation, and the period of its duration if less than perpetual; or

(B) that the foreign corporation is authorized to transact business in Guam;

(3) that articles of dissolution have not been filed; and

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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 28 GUAM BUSINESS CORPORATION ACT

(4) other facts of record in the office of the Director of Revenue & Taxation that may be requested by the applicant.

(c) Subject to any qualification stated in the certificate, a certificate of existence or authorization issued by the Director of Revenue & Taxation may be relied upon as conclusive evidence that the domestic or foreign corporation is in existence or is authorized to transact business in Guam.

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