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Terms Used In 5 Guam Code Ann. § 4115

  • 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 provisions of § 4113 and § 4114 of this Chapter shall not apply to the Guam Power Authority, Guam Waterworks Authority, Guam Memorial Hospital Authority, Jose D. Leon Guerrero Commercial Port, Guam Housing and Urban Renewal Authority, Guam Housing Corporation, A. B. Won Pat International Airport Authority Guam, and Guam Economic Development and Commerce Authority.

SOURCE: GC § 5164 added by P.L. 15-048:V:6. Repealed and reeacted by P.L.
27:110:1.