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Terms Used In 11 Guam Code Ann. § 35107

  • 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.
thing in this Chapter shall require any corporation to qualify to do business in Guam, or subject any person, firm, corporation, or trust to taxation under any law of Guam if, but for the enactment of this Chapter, the person, firm, corporation, or trust would not have been required so to qualify or be subject to such taxation.

SOURCE: GC § 43600.6.

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COL 03072011