Guam § 50109 - Board of Directors. Miscellaneous Provisions.
Full text of Guam Guam Code Annotated § 50109 — Board of Directors. Miscellaneous Provisions., with citation guidance and answers to common questions.
§ 50109. Board of Directors. Miscellaneous Provisions.
(a) The Board shall be responsible for the management, administration, policies and direction of the
Corporation and shall exercise supervision through the Administrator.
(b) The Board shall meet in regular session at least once each month, and in special session as often
as it may deem necessary.
(c) A majority of the Board shall constitute a quorum for the transaction of business. The Board shall
act by the vote of at least four (4) of its members.
(d) The Directors shall receive no salary for their services on the Board, but in amounts prescribed by
the Board, they may be paid a reasonable per diem not to exceed Fifty Dollars ($50.00) for attendance at
meetings of the Board and reasonable travel allowances for time spent on official business of the
Corporation.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 50109
What does Guam Code Annotated § 50109 cover?
Section 50109 ("Board of Directors. Miscellaneous Provisions.") 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 § 50109?
A common citation format is "Guam Code Annotated § 50109" (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 § 50109 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.