Guam Clauses Relating to Venture Board

State:
Multi-State
Control #:
US-P0605-2GAM
Format:
Word; 
Rich Text
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This sample form, containing Clauses Relating to Venture Board 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.

Guam became a U.S. territory in 1898 and placed under the jurisdiction of the U.S. Navy. The Guam Organic Act of 1950 conferred U.S. citizenship on Guamanians and established the territory's government. The Act also transferred Federal jurisdiction over Guam from the U.S. Navy to the Department of the Interior.

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Guam Clauses Relating to Venture Board