Guam § 13129 - Annual Report to Members.
Full text of Guam Guam Code Annotated § 13129 — Annual Report to Members., with citation guidance and answers to common questions.
§ 13129. Annual Report to Members.
The board of directors of every association organized hereunder shall
cause to be sent to the members thereof not later than one hundred twenty
(120) days after the close of the fiscal or calendar year an annual report of
the operations of the association, unless such report be expressly dispensed
within the bylaws. Such annual report shall include a balance sheet as of
such closing date. Such financial statement shall be prepared from the books
and shall be in accordance therewith and shall be prepared in a form
sanctioned by sound accounting practice for the association or approved by
a duly certified public accountant.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 13129
What does Guam Code Annotated § 13129 cover?
Section 13129 ("Annual Report to Members.") 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 § 13129?
A common citation format is "Guam Code Annotated § 13129" (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 § 13129 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.