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18 GCA § 2210

Meetings Ordered

Guam Code AnnotatedTitle 18 — Business Structure and Function
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Whenever, from any cause, there is no person authorized to call a meeting, or when the officer authorized to do so refuses, fails, or neglects to call a meeting, the judge of the Superior Court, on the showing of good cause thereof, may issue an order to any stockholder or member of a corporation, directing him to call a meeting of the corporation by giving the proper notice required by this Part or the bylaws; and if there be no person COL070307 CH. 2 FORMATION OF CORPORATIONS legally authorized to preside at such meeting, the judge of the Superior Court may direct the person calling the meeting to preside at the same until a majority of the members of stockholders representing a majority of the stock present and permitted by law to be voted have chosen one of their number to act as presiding officer for the purpose of the meeting.

§ The story of this section

  1. Amended by P.L. 9-256 (bill & sponsor pending — earlier Legislature not yet ingested)
  2. Affected by P.L. 12-85 (bill & sponsor pending — earlier Legislature not yet ingested)

Interpreted by the courts:

  • 2012 Guam 10In the Matter of the Call of the Annual Meeting of Stockholders of Chamorro Equities, Inc., a Guam Corporation, by Walte (2012) · per F. Philip Carbullido, J.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.