{"data":{"id":"us-gu/18-gca-28711","jurisdiction":"us-gu","citation":"18 GCA § 28711","heading":"Shares Held by Nominees.","body":"(a) A corporation may establish a procedure by which the beneficial owner of shares that are registered in the name of a nominee is recognized by the corporation as the shareholder. The extent of this recognition may be determined in the procedure.\n(b) The procedure may set forth:\n(1) the types of nominees to which it applies;\n(2) the rights or privileges that the corporation recognizes in a beneficial owner;\n(3) the manner in which the procedure is selected by the nominee;\n(4) the information that must be provided when the procedure is selected;\n(5) the period for which selection of the procedure is effective; and\n(6) other aspects of the rights and duties created.","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":"64fcbd9dd3e7fcf5e9fed8cf26a0bd53c9d464a3f018ae4e72163b9dd80421c8","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-28710","next":"us-gu/18-gca-28712"},"notice":"GroundRules: Original legal text. Not legal advice."}