Guam § 28708 - Shareholders’ List for Meeting.

§ 28708. Shareholders’ List for Meeting.

(a) After fixing a record date for a meeting, a corporation shall prepare

an alphabetical list of the names of all its shareholders who are entitled to

notice of a shareholders’ meeting. The list must be arranged by voting group

(and within each voting group by class or series of shares) and show the

address of and number of shares held by each shareholder.

(b) The shareholders’ list must be available for inspection by any

shareholder, beginning two business days after notice of the meeting is given

for which the list was prepared and continuing through the meeting, at the

corporation’s principal office or at a place identified in the meeting notice in

the city where the meeting will be held. A shareholder, his agent, or attorney

is entitled on written demand to inspect and, subject to the requirements of §

281601, to copy the list, during regular business hours and at his expense,

during the period it is available for inspection.

(c) The corporation shall make the shareholders’ list available at the

meeting, and any shareholder, his agent, or attorney is entitled to inspect the

list at any time during the meeting or any adjournment.

(d) If the corporation refuses to allow a shareholder, his agent, or

attorney to inspect the shareholders’ list before or at the meeting (or copy the

list as permitted by subsection (b)), the Superior Court of Guam, on

application of the shareholder, may summarily order the inspection or

copying at the corporation’s expense and may postpone the meeting for

which the list was prepared until the inspection or copying is complete.

(e) Refusal or failure to prepare or make available the shareholders’ list

does not affect the validity of action taken at the meeting.