Purposes

18 GCA § 28301, under Guam Business Corporation Act.

18 GCA § 28301

(a) Every corporation incorporated under this Act has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation. (b) A corporation engaging in a business that is subject to regulation under another statute of Guam may incorporate under this Act only if permitted by, and subject to all limitations of, the other statute.

COL372014