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Clauses Relating to Purpose of Venture

Guam Clauses Relating to Purpose of Venture

Q: What is the Guam Business Corporation Act?

The Guam Business Corporation Act (the &quot;Guam Act&quot;) updates Guam&#039;s general corporation laws, creating uniformity with the corporate laws of other jurisdictions, while tailoring certain statutes to accomplish Guam&#039;s long-standing objective to attract off-island interest and facilitate investment in local businesses.

Category:

Partnerships - Drafting Joint Venture Agreements

State:

Multi-State

Control #:

US-P0603-1BAM

Format:

Instant download

Description

This sample form, containing Clauses Relating to Purpose of Venture document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.

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FAQ

Guam is an unincorporated territory of the United States. Most but not all federal laws apply to Guam. In addition to the U.S. Constitution, which is the supreme law of the U.S., federal laws include statutes that are periodically codified in the U.S. Code.

The Guam Business Corporation Act (the "Guam Act") updates Guam's general corporation laws, creating uniformity with the corporate laws of other jurisdictions, while tailoring certain statutes to accomplish Guam's long-standing objective to attract off-island interest and facilitate investment in local businesses.