10 Guam Code Ann. § 12435
Terms Used In 10 Guam Code Ann. § 12435
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
(a) Have a seal and modify it;
(b) Enter into and execute contracts and instruments of every kind of nature, necessary and convenient to the exercise of its powers and function;
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10 Guam Code Ann. HEALTH AND SAFETY
CH. 12 MEDICAL PRACTICES
(c) Make and from time to time modify and repeal rules and regulations, not inconsistent with this Article and approved by the Commission, providing for the administration of its affairs and operations, and for carrying into effect its powers and purposes;
(d) Maintain records;
(e) Acquire any personal property by lease, purchase gift or grant necessary to the administration of the affairs of the society; and
(f) Hold hearings as required to fulfill its duties.
2013 NOTE: Pursuant to the authority granted by 1 Guam Code Ann. § 1606, numbers and/or letters were altered to adhere to the Compiler’s alpha-numeric scheme.