5 Guam Code Ann. § 60102
Terms Used In 5 Guam Code Ann. § 60102
- 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.
- 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.
Division:
(a) Department means the Department of Agriculture of the government of Guam.
(b) Director means the Director of the Department of
Agriculture.
(c) Person means any person, association, organization, partnership, business trust, or corporation.
(d) Inspector or agent means Department employee or deputy authorized by the Director to carry out any power granted by this Division.
(e) Agriculture means the growing, care and use of plants and animals, and includes acts and things related thereto.
(f) Farmland means land in Guam used for agricultural purposes, including general farming, fruit growing, flower growing, grazing, dairying, the production of any other form of livestock or poultry, and any other form of agricultural activity. It includes land required for an adequate farm dwelling and other essential farm buildings, roads, and wasteland.
(g) Cooperative Association means a nonprofit association or farmers or fishermen organized under the Nonprofit Cooperative Association Act of Guam (18 Guam Code Ann., Chapter 13).
SOURCE: GC § 12001. Subparts (f) and (g) added by P.L. 11-119.