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Terms Used In 21 Guam Code Ann. § 104214

  • 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.
The Commissioner may, in his discretion, waive the examination of any applicant for a real estate broker’s license who held an unrevoked or unsuspended renewal real estate broker’s license, within the one-year period immediately preceding the date of the application for such renewal license, as individual broker, an officer of a corporation or a member of a copartnership.
The Commissioner may, in his discretion, waive the examination of any applicant for a real estate salesman’s license who held an unrevoked or unsuspended renewal real estate salesman’s license, within the one-year period immediately preceding the date of the application for such renewal license.
SOURCE: GC § 58163.