18 Guam Code Ann. § 28802
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Terms Used In 18 Guam Code Ann. § 28802
- 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 articles of incorporation or bylaws may prescribe qualifications for directors. A director need not be a resident of Guam or a shareholder of the corporation unless the articles of incorporation or bylaws so prescribe.