5 Guam Code Ann. § 69104
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In 5 Guam Code Ann. § 69104
- 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.
e management, administration and operation of the Slaughterhouse shall be vested in a commercial corporation (hereinafter referred to as the “”Corporation””), which shall have the initial support of the Slaughterhouse Task Force, and specifically the Department of Agriculture.
First Year Operation. The Corporation shall operate the slaughterhouse under the corporate form of a business, using the resources of the Department of Agriculture, for a period of one (1) year following the completion of the construction of the slaughterhouse. The Director of the Department of Agriculture shall, during that period, serve as an advisor to Corporation and shall provide it with the Department’s expertise and resources in the planning, organization and operation of the slaughterhouse.
First Year Operation. The Corporation shall operate the slaughterhouse under the corporate form of a business, using the resources of the Department of Agriculture, for a period of one (1) year following the completion of the construction of the slaughterhouse. The Director of the Department of Agriculture shall, during that period, serve as an advisor to Corporation and shall provide it with the Department’s expertise and resources in the planning, organization and operation of the slaughterhouse.