18 Guam Code Ann. § 4102
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Terms Used In 18 Guam Code Ann. § 4102
- 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.
No corporation created under this Part shall possess or exercise any corporate powers except those conferred by this Part and except such as are necessary to the exercise of the powers so conferred.
SOURCE: CC § 354a.