Authority to Amend

18 GCA § 281001 — under Guam Business Corporation Act.

18 GCA § 281001

(a) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation as of the effective date of the amendment or to delete a provision that is not required to be contained in the articles of incorporation. (b) A shareholder of the corporation does not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, capital structure, dividend

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entitlement, or purpose or duration of the corporation.