Guam § 15125 - Filing of Articles of Dissolution.
Full text of Guam Guam Code Annotated § 15125 — Filing of Articles of Dissolution., with citation guidance and answers to common questions.
§ 15125. Filing of Articles of Dissolution.
COL6/24/2021
18 GCA BUSINESS STRUCTURE & FUNCTION
(a) The articles of dissolution of the limited liability
company shall be delivered to the Department of Revenue and
Taxation. If the Department of Revenue and Taxation finds that
such articles of dissolution conform to law, it shall, when all fees
and license taxes have been paid as prescribed in this Chapter,
file the statement of intent to dissolve the company in
accordance with this Chapter. The Department of Revenue and
Taxation shall then issue a certificate of dissolution.
(b) The certificate of dissolution shall be returned to the
representative of the dissolved limited liability company. Upon
the issuance of such certificate of dissolution, the existence of
the company shall cease, except for the purpose of suits, other
proceedings in this Chapter. The manager or managers in office
at the time of dissolution, or the survivors of them, or, if none,
the members, shall thereafter be trustees for the members and
creditors of the dissolved limited liability company; and as such
the trustees shall have authority to distribute any company
property discovered after dissolution, to convey real estate, and
to take such other action as may be necessary on behalf of and in
the name of such limited liability company.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 15125
What does Guam Code Annotated § 15125 cover?
Section 15125 ("Filing of Articles of Dissolution.") 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 § 15125?
A common citation format is "Guam Code Annotated § 15125" (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 § 15125 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.