Guam Reduction in Authorized Number of Directors
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How to fill out Reduction In Authorized Number Of Directors?
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FAQ
Number of directors means the number of directors of the Corporation provided for in the articles or, where a minimum and maximum number of directors is provided for in the articles, the number of directors of the Corporation most recently elected by the shareholders of the Corporation.
The authorized number of Directors shall be the number of Directors remaining after eliminating those who have ceased to be Directors pursuant to Section 10.02, or the minimum number required by applicable law, whichever number is greater.
STEPS ON HOW TO START A CORPORATION IN GUAM STEP 1: CHOOSING A NAME. ... STEP 2: DIRECTORS, SHAREHOLDERS, AND OFFICERS. ... STEP 3: FILING YOUR ARTICLES. ... STEP 4: ORGANIZATION AND BYLAWS. ... STEP 5: GET A GUAM GENERAL BUSINESS LICENSE. ... STEP 6: GUAM MANAGING AGENT / GUAM REGISTERED AGENT. ... STEP 7: BUSINESS PRIVILEGE TAX REQUIREMENTS.