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18 GCA § 5102

Voluntary Dissolution. Application to Superior Court

Guam Code AnnotatedTitle 18 — Business Structure and Function
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(a)A corporation may be dissolved at any time by the Superior Court upon the voluntary application of a majority of the members or of the stockholders holding at least two-thirds (2/3) of all shares of stock issued or subscribed. COL070307 CH. 5 EXTENSION AND D ISSOLUTION OF CORPORATIONS

(b)The Director of Revenue and Taxation shall charge a filing fee of Twenty-five Dollars ($25.00) for each voluntary corporate dissolution filed with the Department.

§ The story of this section

  1. Amended by P.L. 9-98 (bill & sponsor pending — earlier Legislature not yet ingested)
  2. Amended by P.L. 29-2 § V — introduced as Bill 74-29

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