Guam § 281310 - Procedure if Shareholder Dissatisfied With Payment or
Full text of Guam Guam Code Annotated § 281310 — Procedure if Shareholder Dissatisfied With Payment or, with citation guidance and answers to common questions.
§ 281310. Procedure if Shareholder Dissatisfied With Payment or
Offer.
(a) A shareholder paid pursuant to § 281308 who is dissatisfied with the
amount of the payment must notify the corporation in writing of that
shareholder’s estimate of the fair value of the shares and demand payment of
that estimate plus interest (less any payment under § 281308). A shareholder
offered payment under § 281309 who is dissatisfied with that offer must
reject the offer and demand payment of the shareholder’s stated estimate of
the fair value of the shares plus interest.
(b) A shareholder who fails to notify the corporation in writing of that
shareholder’s demand to be paid the shareholder’s stated estimate of the fair
value plus interest under subsection (a) within 30 days after receiving the
corporation’s payment or offer of payment under § 281308 or § 281309,
respectively, waives the right to demand payment under this section and
shall be entitled only to the payment made or offered pursuant to those
respective sections.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 281310
What does Guam Code Annotated § 281310 cover?
Section 281310 ("Procedure if Shareholder Dissatisfied With Payment or") 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 § 281310?
A common citation format is "Guam Code Annotated § 281310" (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 § 281310 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.