18 Guam Code Ann. § 3204
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Terms Used In 18 Guam Code Ann. § 3204
- 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.
Notice of the call for unpaid subscriptions must be served personally upon each stockholder resident in Guam. If absent from Guam such notice must be served upon each stockholder by depositing the notice in the post office, registered mail, postage prepaid, properly addressed to him at his place of residence as shown by the books of the corporation. The notice must also be posted for a period of three (3) weeks in three (3) public places at the place where the principal office of the corporation is located.
SOURCE: CC § 334.
CROSS-REFERENCES: See 1 Guam Code Ann. § 717 relative to mailing requirements.