Court-Ordered Meeting

(a)The Superior Court of Guam may summarily order a meeting to be held:

(1)on application of any shareholder of the corporation entitled to participate in an annual meeting if an annual meeting was not held within the earlier of 6 months after the end of the corporation’s fiscal year or 15 months after its last annual meeting; or

(2)on application of a shareholder who signed a demand for a special meeting valid under § 28702 if:

(A)notice of the special meeting was not given within 30 days after the date the demand was delivered to the corporation’s secretary; or

(B)the special meeting was not held in accordance with the notice.