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Terms Used In 18 Guam Code Ann. § 4202

  • 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.
Business corporations must also keep a book to be known as the stock and transfer book, in which must be kept a record of all stock, the names of the stockholders or members alphabetically arranged; the installments paid and unpaid on all stock for which subscription has been made, and the date of payment of any installment; a statement of any alienation, sale, or transfer of stock made, the date thereof, and by and to whom made; and such other entries as the bylaws may prescribe. The stock and transfer

COL021307
18 Guam Code Ann. BUSINESS STRUCTURES & FUNCTION
CH. 4 CORPORATE POWERS

books shall be open to the inspection of any director, stockholder, or member of the corporation at reasonable hours.

SOURCE: CC § 378.

NOTE: No ”379-381 existed in the Civil Code.

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ARTICLE 3
EXAMINATION OF CORPORATIONS