{"data":{"id":"us-gu/18-gca-28301","jurisdiction":"us-gu","citation":"18 GCA § 28301","heading":"Purposes.","body":"(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.\n(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.","path":["Title 18: Business Structure and Function","Division 1 - Business Structure","Part 5 - Guam Business Corporation Act","Chapter 28: Guam Business Corporation Act","ARTICLE 3: PURPOSES AND POWERS"],"source_url":"https://col.guamcourts.gov/sites/default/files/18gc028.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:55:38Z","sha256":"70cf5d4f92d8b785469975582487ec50b09ffc85f1339724ff6be4ac7c657ab0","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-28205","next":"us-gu/18-gca-28302"},"notice":"GroundRules: Original legal text. Not legal advice."}
