Terms Used In 18 Guam Code Ann. § 4103

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
No corporation doing business in Guam or receiving any grant, franchise, or concession from the government of Guam shall use, employ or contract for the labor of persons claimed or alleged to be held in involuntary servitude, and any corporation violating the provisions of this section shall forfeit all charters, grants, franchises and concessions for doing business in Guam, and in addition shall be deemed guilty of an offense and shall be punished by a fine of One Thousand Dollars ($1,000.00).

SOURCE: CC § 354b.

CROSS-REFERENCES: See 9 Guam Code Ann., Chapter 80 for various provisions permitting
“work release” by prisoners.