No corporation organized in Guam after the effective date of the Guam Business Corporation Act, 18 GCA, Division 1, Part 5, shall be organized under or governed by the provisions of this Part, except as provided in the Guam Business Corporation Act. A corporation organized in Guam prior to the effective date of the Guam Business Corporation Act shall not be subject to the Guam Business Corporation Act, and shall continue to be governed by this part, except as provided in the Guam Business Corporation Act.
GCA 18 BUSINESS STRUCTURE AND FUNCTION
SOURCE: Added by P.L. 29-144:3 (Jan. 30, 2009) as § 1101a, effective 90 days from enactment pursuant to P.L. 29-144:4. Renumbered by Compiler to harmoniously fit this chapter.