18 Guam Code Ann. § 6102
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Terms Used In 18 Guam Code Ann. § 6102
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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 right or remedy in favor of or accrued against any corporation, its stockholders or officers, nor any liability incurred by any such corporation, its stockholders or officers, shall be removed or impaired either by the
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18 Guam Code Ann. BUSINESS STRUCTURES & FUNCTION
CH. 6 GENERAL PROVISIONS AFFECTING CORPORATIONS
subsequent dissolution of said corporation or by any subsequent amendment or repeal of this Part or of any part or portion thereof.
SOURCE: CC § 404.