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Terms Used In 21 Guam Code Ann. § 104308

  • 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.
The Commissioner may deny, suspend, or revoke the real estate license of a corporation as to any officer or agent acting under its license, and the real estate license of a copartnership as to any member acting under its license, without revoking the license of the corporation or of the copartnership.
SOURCE: GC § 58188.