18 GCA § 17820
Other Considerations of Directors
View official PDF ↗(a)Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long and short term interest of the association and its patron members, shall consider:
(1)the interest of employees, customers, and suppliers of the association;
(2)the interest of the community in which the association operates; and
(3)other cooperative principles and values that may be applied in the context of the decision.
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.