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30.0102 Certificate of incorporation-Change by Governor.

Cite as [A.S.C.A. § 30.0102]

The certificate of incorporation of any corporation hereafter organized under the authority of the government is at all times subject to forfeiture or revocation by the Governor for misuse or nonuse, and may be at any time altered, abridged or set aside by law or executive order of the Governor; and every certificate of incorporation obtained, used or enjoyed by any corporation may be regulated, cancelled, withheld, or subjected to conditions upon the enjoyment thereof, whenever the Governor deems it necessary for the public good. The foregoing shall apply to corporations both for profit and not for profit in American Samoa.

History: 1962, PL 7-20.