18 Guam Code Ann. § 281108
Terms Used In 18 Guam Code Ann. § 281108
- 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.
(b) If a merger or share exchange is abandoned under subsection (a) after articles of merger or share exchange have been filed with the Director of Revenue & Taxation but before the merger or share exchange has become effective, a statement that the merger or share exchange has been abandoned in accordance with this section, executed on behalf of a party to the merger or share exchange by an officer or other duly authorized representative, shall be delivered to the Director of Revenue & Taxation for filing prior to the effective date of the merger or share exchange. Upon filing, the statement shall take effect and the merger or share exchange shall be deemed abandoned and shall not become effective.
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18 Guam Code Ann. BUSINESS STRUCTURE & FUNCTION
CH. 28 GUAM BUSINESS CORPORATION ACT
ARTICLE 12
DISPOSITION OF ASSETS