18 Guam Code Ann. § 281101
Terms Used In 18 Guam Code Ann. § 281101
- 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.
(a) Interests means the proprietary interests in an other entity.
(b) Merger means a business combination pursuant to § 281102.
(c) Organizational documents means the basic document or documents that create, or determine the internal governance of, an other entity.
(d) Other entity means any association or legal entity, other than a domestic or foreign corporation, organized to conduct business, including, without limitation, limited partnerships, general partnerships, limited liability partnerships, limited liability companies, joint ventures, joint stock companies, and business trusts.
(e) Party to a merger or party to a share exchange means any domestic or foreign corporation or other entity that will either:
(1) merge under a plan of merger;
(2) acquire shares or interests of another corporation or an other entity in a share exchange; or
(3) have all of its shares or interests or all of one or more classes or series of its shares or interests acquired in a share exchange.
(f) Share exchange means a business combination pursuant to § 281103.
(g) Survivor in a merger means the corporation or other entity into which one or more other corporations or other entities are merged. A
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survivor of a merger may preexist the merger or be created by the merger.