18 Guam Code Ann. § 28807
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Terms Used In 18 Guam Code Ann. § 28807
- 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.
(a) A director may resign at any time by delivering written notice to the board of directors, its chairman, or to the corporation.
(b) A resignation is effective when the notice is delivered.