§ 11101 Articles of Incorporation
§ 11102 Right to Incorporate
§ 11103 Bylaws
§ 11104 Diplomas
§ 11105 Trustees
§ 11106 Real Estate; Conveyance of Property

Terms Used In Guam Code > Title 18 > Chapter 11 - Colleges and Institutions of Learning

  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Quorum: The number of legislators that must be present to do business.