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Terms Used In 12 Guam Code Ann. § 82103

  • 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 created a public corporation to be known as the Guam Streetlight Authority with functions, powers and responsibilities as hereinafter provided. The principal office of the Authority shall be located in Guam, and the Authority shall be deemed to be a resident of Guam.

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12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 82 GUAM STREETLIGHT AUTHORITY