18 GCA § 28714: Action by Single and Multiple Voting Groups.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 5 - Guam Business Corporation Act
- Chapter 28: Guam Business Corporation Act
- ARTICLE 7: SHAREHOLDERS
(a) If the articles of incorporation or this Act provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in § 28713.
(b) If the articles of incorporation or this Act provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in § 28713. Action may be taken by one voting group on a matter even though no action is taken by another voting group entitled to vote on the matter.
Collected 2026-09-27T03:55:38Z. Source file · JSON