Guam § 15115 - (K). Records and Documents Required to be Kept.

§ 15115. (K). Records and Documents Required to be Kept.

(a) Each limited liability company, through its manager(s),

shall maintain at the office referred to in subdivision (a) of

Subsection 15115 (J) all of the following:

(1) A current list of the full name and last known

business or residence address of each member and of each

holder of an economic interest in the limited liability

company set forth in alphabetical order, together with the

contribution and the share in profits and losses of each

member and holder of an economic interest.

(2) If the articles of organization contain the statement

described in subdivision (b) of § 15115 (B), a current list of

the full name and business or residence address of each

manager.

(3) A copy of the articles of organization and all

amendments thereto, together with any powers of attorney

pursuant to which the articles of organization or any amend-

ments thereto were executed.

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(4) Copies of the limited liability company's federal,

state, and local income tax, or information returns and

reports, if any, for the six most recent taxable years.

(5) A copy of the limited liability company's operating

agreement, if in writing, and any amendments thereto,

together with any powers of attorney pursuant to which any

written operating agreement or any amendments thereto

were executed.

(6) Copies of the financial statements of the limited

liability company, if any, for the six most recent fiscal

years.

(7) The books and records of the limited liability

company as they relate to the internal affairs of the limited

liability company for at least the current and past four fiscal

years.

(b) Upon request of an assessor, a domestic or foreign

limited liability company owning, claiming, possessing, or

controlling property in Guam subject to local assessment shall

make available at the limited liability company's principal office

in Guam, or at the office required to be kept pursuant to this

Chapter, or at a place mutually acceptable to the assessor and the

limited liability company, a true copy of business records

relevant to the amount, cost, and value of all property that it

owns, claims, possesses, or controls within Guam.

2021 NOTE: References to “territory” removed and/or replaced with

“Guam” pursuant to 1 GCA § 420.