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Terms Used In 5 Guam Code Ann. § 87121

  • 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.
(a) The Trustees shall appoint a Segundo/a Mås Ge’Hilo’ from a pool of qualified candidates, who shall possess the following minimum qualifications: a local resident with a bachelor’s degree in Business

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5 Guam Code Ann. GOVERNMENT OPERATIONS
CH. 87 DIPATTAMENTON I KAOHAO GUINAHAN CHAMORRO
(DEPARTMENT OF CHAMORRO AFFAIRS)

Administration/Management or Finance/Economics, experience as a manager in the area of business or financial administration and with the knowledge and ability to manage diverse work units, oversee day-to-day activities, and understand property and fiscal management concepts and human resources management. The Segundo/a Mås Ge’Hilo’ shall be under the direct supervision of the Mås Ge’Hilo’ and shall be responsible for the operations of the Ufisinan Minaneha and may perform the duties of Comptroller of the Corporation.

(b) Salary and Expenses. The Segundo/a Mas Ge’Hilo’ shall be paid a salary and other allowances and benefits as established by the Director of Administration.

COMMENT: Effective January 1, 2006, reference to the “”Civil Service
Commission,”” amended to “”Director of Administration”” pursuant to P.L. 28-
68:IV:45 (Sept. 30, 2005).