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us-gu · Through P.L. 38-133 (June 4, 2026)

18 GCA § 17809: Vacancy on Board.

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Where this section sits in the code
  1. Title 18: Business Structure and Function
  2. Division 1 - Business Structure
  3. Part 2 - Special Corporate Forms
  4. Chapter 17: Guam Uniform Limited Cooperative Association Act
  5. ARTICLE 8: DIRECTORS AND OFFICERS

(a) Unless the organic rules otherwise provide, a vacancy on the board of directors must be filled:

(1) within a reasonable time by majority vote of the remaining directors until the next annual members meeting or a special meeting of members called to fill the vacancy; and

(2) for the unexpired term by members at the next annual members meeting or a special meeting of members called to fill the vacancy.

(b) Unless the organic rules or bylaws otherwise provide, if a vacating director was elected or appointed by a class of members or a district:

(1) the new director must be of that class or district; and

(2) the selection of the director for the unexpired term must be conducted in the same manner as would the selection for that position without a vacancy.

(c) If a member appointed a vacating director, the organic rules may provide for that member to appoint a director to fill the vacancy.

Collected 2026-09-27T03:54:38Z. Source file · JSON

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