Terms Used In 22 Guam Code Ann. § 55101

  • 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.
This Chapter shall not apply to any public cemetery or to any cemetery owned or operated by any religious corporation, church, religious society or denomination or a corporation solely administering temporalities of any church, religious society or denomination nor shall it apply to any cemetery owned or operated by any non-profit firm, organization or corporation. Any other cemetery shall be an endowment care cemetery.

SOURCE: GC § 49300.