GUAM CODE ANNOTATED, TITLE 18
BUSINESS STRUCTURE AND
FUNCTION
CHAPTER 6, GENERAL
PROVISIONS AFFECTING CORPORATIONS.
1
§ 6101.
Designation of Agent for Service of Process. 1
§ 6102. General
Power. 1
§ 6103. Taking
of Private Property.
1
CHAPTER
6, GENERAL PROVISIONS AFFECTING CORPORATIONS
§
6101. Designation of Agent for
Service of Process.
Every
domestic corporation may file with the
Director of Revenue and Taxation a designation of a natural person,
residing at
a stated address in Guam , as its agent, for the purpose of service of
process,
and the delivery, to such agent, of a copy of any process against such
corporation shall constitute valid service on such corporation.
Such
corporation shall file with the Director of Revenue and Taxation notice
of any
change in the address of the person thus designated, and may revoke any
such
designation by filing notice thereof with the Director of Revenue and
Taxation.
If such
designation has not been filed with the
Director of Revenue and Taxation, or if process against any domestic
corporation cannot, with the exercise of due diligence, be served upon
the
person designated or in any other manner provided by law, service may
be had
upon such corporation by delivering to the Director of Revenue and
Taxation, or
to any person employed in his office in the capacity of a deputy,
duplicate
copies of such process, together with a fee of Forty Dollars ($40.00),
which
shall be included in the taxable costs of the suit, action, or
proceeding. Upon
the receipt of such process and fee, the Director of Revenue and
Taxation shall
forthwith give notice of the service of such process to the corporation
at its
principal office in Guam, and shall deliver to such office, a copy of
such
process. The defendant shall appear and answer within thirty (30) days
after
such service upon the Director of Revenue and Taxation.
Source:
CC § 403. References to Director of Finance changed to Revenue
and Taxation by authority of P.L. 9-228 ( 8/7/68 ). Amended by P.L.
29-002:V:I:58 ( May 18, 2007 ).
CROSS-REFERENCES:
See 7 GCA § 14105 relative to
Service of Summons.
§
6102. General Power.
No right
or remedy in favor of or accrued against
any corporation, its stockholders or officers, nor any liability
incurred by
any such corporation, its stockholders or officers, shall be removed or
impaired either by the subsequent dissolution of said corporation or by
any
subsequent amendment or repeal of this Part or of any part or portion
thereof.
Source:
CC § 404.
§
6103. Taking of Private
Property.
The right
of eminent domain is not granted to any
corporation in Guam .
Source:
CC § 404a.
NOTE:
This section applies only to corporations created or authorized under
this
Part. See 12 GCA for those public corporations which may exercise, or
request
the government to exercise, the power of eminent domain, such as
the Guam
Power Authority.
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