Guam § 9112 - Members.

§ 9112. Members.

(a) Any person including natural persons, partnerships, and

corporations shall be entitled to be a member of the Bureau.

(b) There shall be two (2) classes of membership:

(1) ‘Contributing Members’ who shall be those

members contributing the sum of One Hundred Dollars

($100.00) or more annually; and

(2) ‘Honorary Members’ being those members

contributing less than One Hundred Dollars ($100.00)

annually.

Only contributing Members shall be entitled to vote, however,

membership meetings shall be open to all members.

(c) Contributing members may acquire multiple voting

rights on the basis of one (1) vote for each annual contribution of

One Hundred Dollars ($100.00), payable in lump sum or

installments, provided, no single membership shall be entitled to

more than ten (10) votes. All contributions of contributing

members herein mentioned shall be cash and must be paid in full

ninety (90) days prior to having any voting rights.

(d) A quorum of the membership shall require attendance of

at least fifty percent (50%) of the total voting power of the

members. Except as otherwise provided by law, any act of the

members shall require a vote of a majority of the voting power of

the members present at any meeting duly held. Contributing

members may be present and may vote by proxy, provided

written authorization of proxy is delivered to the Secretary or

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General Manager, or the Chairperson of the meeting at least

twenty-four (24) hours prior to the commencement of the

meeting which is the subject of the proxy.

(e) Notwithstanding any other provision of law, government

funds of any department, agency or instrumentality of the

government may not be used to pay membership dues or acquire

voting rights. Any such funds used to acquire or continue

membership or acquire or continue voting rights after October 1,

1985 shall be reimbursed to the affected department, agency or

instrumentality of the government.

(f) At elections of directors by the membership, each

member who has acquired the right to cast votes at such election

shall case as many votes as the member has acquired for each of

four (4) candidates. Notwithstanding the provisions of Section

307 of the Civil Code, cumulative voting is prohibited.