30.0110 Who may incorporate.

Cite as [A.S.C.A. § 30.0110]

Three or more persons of full age, at least 2/3 of whom must be nationals of the United States and at least one a resident of American Samoa, may form a corporation for any lawful business, but such incorporation confers no power not possessed by natural persons, except as otherwise provided in this chapter.

History: 1962, PL 7-20.