{"data":{"id":"us-gu/18-gca-28707","jurisdiction":"us-gu","citation":"18 GCA § 28707","heading":"Record Date.","body":"(a) The bylaws may fix or provide the manner of fixing the record date for one or more voting groups in order to determine the shareholders entitled to notice of a shareholders’ meeting, to demand a special meeting, to vote, or to take any other action. If the bylaws do not fix or provide for fixing a record date, the board of directors of the corporation may fix a future date as the record date.\n(b) A record date fixed under this section may not be more than 70 days before the meeting or action requiring a determination of shareholders.\n(c) A determination of shareholders entitled to notice of or to vote at a shareholders’ meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date, which it must do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting.\n(d) If a court orders a meeting adjourned to a date more than 120 days after the date fixed for the original meeting, it may provide that the original record date continues in effect or it may fix a new record date.","path":["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"],"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":"91589e6fccf319d7a9ea9b9f7413ec3e63b435291ac31216486986b55ebe440b","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-28706","next":"us-gu/18-gca-28708"},"notice":"GroundRules: Original legal text. Not legal advice."}