§ 13132 Cooperation of Government Agencies
§ 13101 Purpose of Chapter
§ 13102 Definitions
§ 13103 Associations Deemed Nonprofit
§ 13104 Who may Form Association
§ 13105 Powers of Association
§ 13106 Admission of Members and Issuance of Stock
§ 13107 Articles of Incorporation: Contents
§ 13109 Management of Affairs: Directors
§ 13110 Management: Additional Provisions
§ 13111 Compensation of Officers
§ 13112 Filling Vacancy in Board of Directors
§ 13113 Organization of Directors: Secretary and Treasurer
§ 13114 Membership and Stock
§ 13115 Removal of Officers
§ 13116 Marketing of Products
§ 13117 Marketing Contracts: Expenses of Suit, etc
§ 13118 Marketing Contracts: Injunctions; Specific Performance
§ 13119 Marketing Contracts: Ability to Control Delivery; Remedies
§ 13120 Payment for Stock or Property by Transfer of Preferred Stock
§ 13121 Conflicting Laws: Exemptions
§ 13122 Use of Word Cooperative
§ 13123 Organization, Operation, Ownership, of Other Corporations
§ 13124 Contracts: Power; Joinder of Associations in use of Same\r\nPersonnel, etc
§ 13125 Preexisting Corporations or Associations Deemed Organized\r\nUnder Chapter: Provisions Applicable
§ 13126 Amendment of Articles to Bring Corporation Under This\r\nChapter
§ 13127 Association not Deemed Monopoly: Contracts Legal
§ 13128 Laws Applicable to Associations
§ 13129 Annual Report to Members
§ 13131 Associations not Subject to Business Privilege Tax
§ 13132 v2 Cooperation of Government Agencies
§ 13133 Loan for Mixed-Feed Mill
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Terms Used In Guam Code > Title 18 > Chapter 13 - Nonprofit Cooperative Associations

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Personal property: All property that is not real property.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Quorum: The number of legislators that must be present to do business.
  • Statute: A law passed by a legislature.
  • 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.