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Terms Used In 5 Guam Code Ann. § 32307

  • 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.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
In addition to all other remedies permitted by this chapter, the Attorney General on behalf of the government of Guam, may bring an action against any person, firm, corporation, partnership or association, or officer or owner of any corporation who fails to
comply with the registration requirements of this article for a civil penalty of not more than Five Thousand Dollars ($5,000) per violation, for a temporary restraining order, and for a temporary and permanent injunction to enjoin the telemarketing activities in Guam of the violator. Any penalty collected shall be paid into the Consumer Protection Fund.