Guam § 28705 - Notice of Meeting.

§ 28705. Notice of Meeting.

(a) A corporation shall notify shareholders of the date, time, and place

of each annual and special shareholders’ meeting no fewer than 10 nor more

than 60 days before the meeting date. Unless this Act or the articles of

incorporation require otherwise, the corporation is required to give notice

only to shareholders entitled to vote at the meeting.

(b) Unless this Act or the articles of incorporation require otherwise,

notice of an annual meeting need not include a description of the purpose or

purposes for which the meeting is called.

(c) Notice of a special meeting must include a description of the

purpose or purposes for which the meeting is called.

(d) If not otherwise fixed under § 28707, the record date for

determining shareholders entitled to notice of and to vote at an annual or

special shareholders’ meeting is the day before the first notice is delivered to

shareholders.

(e) Unless the bylaws require otherwise, if an annual or special

shareholders’ meeting is adjourned to a different date, time, or place, notice

need not be given of the new date, time, or place if the new date, time, or

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place is announced at the meeting before adjournment. If a new record date

for the adjourned meeting is or must be fixed under § 28707, however,

notice of the adjourned meeting must be given under this section to persons

who are shareholders as of the new record date.