11 Guam Code Ann. § 106701
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Terms Used In 11 Guam Code Ann. § 106701
- 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.
As used In this Chapter:
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11 Guam Code Ann. FINANCE & TAXATION
CH. 106 BANKS
(a) Foreign banking corporation means a banking corporation organized under the laws of a foreign state; and
(b) Foreign state means any foreign government or any depart- ment, district, province, county, possession or other similar govern- mental organization or subdivision of a foreign government, and any agency or instrumentality of any such foreign government or any such organization or subdivision.
SOURCE: GC § 30910. Added by P.L. 13-111:5.
2013 NOTE: Pursuant the authority granted by 1 Guam Code Ann. § 1606, numbers and/or letters were altered to adhere to the Compiler’s alpha-numeric scheme.
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PART B TRANSACTION OF BUSINESS