12 Guam Code Ann. § 50115
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Terms Used In 12 Guam Code Ann. § 50115
- 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.
There is hereby appropriated and set aside, for transfer to the Corporation effective 1 July 1965, as its operating fund, out of any money in the Treasury of Guam not otherwise appropriated, the sum of One Hundred Thousand Dollars ($100,000) for operating expenses of said Corporation up to and including 30 June 1966.
SOURCE: GC § 53593.