18 Guam Code Ann. § 5105
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Terms Used In 18 Guam Code Ann. § 5105
- 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 application for dissolution must be signed by a majority of the board of directors or other officers having the management of the affairs of the corporation and must be verified by the president or secretary or clerk or some director of the corporation.
SOURCE: CC § 402a.