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

18 GCA § 17820: Other Considerations of Directors.

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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 articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long and short term interest of the association and its patron members, shall consider:

(1) the interest of employees, customers, and suppliers of the association;

(2) the interest of the community in which the association operates; and

(3) other cooperative principles and values that may be applied in the context of the decision.

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

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