11 Guam Code Ann. § 106731
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Terms Used In 11 Guam Code Ann. § 106731
- 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.
Nothing in this Chapter shall prohibit a foreign corporation, subject to compliance with any applicable laws of this Territory pertaining to foreign corporations and any other applicable law, and which is not engaged in the banking business from lending money or buying or selling bonds in this Territory and for that purpose maintaining offices in
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this Territory and suing and being sued in this Territory under its corporate name.
SOURCE: GC § 30929. Added by P.L. 13-111:5.