18 Guam Code Ann. § 8103
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Terms Used In 18 Guam Code Ann. § 8103
- 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 corporation now in existence or hereafter organized which may lawfully render professional services other than pursuant to this Chapter, nor shall anything herein contained alter or affect any right or privilege, whether under any existing or future provision of the Business License Law or otherwise, in terms permitting or not prohibiting performance of professional services through the use of any form of corporation permitted by the General Corporation Law.
SOURCE: CC § 452.