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Terms Used In 12 Guam Code Ann. § 50102

  • 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 principal office of the Corporation shall be located in Guam and the Corporation shall be deemed to be a resident of Guam.

SOURCE: GC §3551.

2022 NOTE: Reference to “”territory”” omitted pursuant to 1 Guam Code Ann. § 420.