Guam § 116103 - Maturity of Shares.
Full text of Guam Guam Code Annotated § 116103 — Maturity of Shares., with citation guidance and answers to common questions.
§ 116103. Maturity of Shares.
COL120106
11 GCAFINANCE & TAXATION
When any share shall have reached its matured value, payment of
dues thereon shall cease. Borrowing shareholders whose loans are fully
paid shall have their securities released and returned to them. Holders of
free shares shall upon the presentation of such shares for cancellation and
upon giving a receipt for payment, be entitled to the payment of the
matured value thereof with dividends or participation in the profits at the
rate last paid or apportioned upon the same class of shares from the time
the board of directors shall have declared such shares to have matured
until paid. Such payment shall be subject to the provisions of Chapter
124 of this act applicable thereto.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 116103
What does Guam Code Annotated § 116103 cover?
Section 116103 ("Maturity of Shares.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 116103?
A common citation format is "Guam Code Annotated § 116103" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 116103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.