Guam § 171102 - Effect of Dissociation.

Full text of Guam Guam Code Annotated § 171102 — Effect of Dissociation., with citation guidance and answers to common questions.

§ 171102. Effect of Dissociation.

(a) When a person is dissociated as a member:

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(1) the person’s right to participate as a member in the management and conduct of the limited

cooperative association’s activities and affairs terminates; and

(2) subject to § 171103 and Article 16, any financial rights owned by the person in the person’s

capacity as a member immediately before dissociation are owned by the person as a transferee.

(b) A person’s dissociation as a member does not of itself discharge the person from any debt,

obligation, or other liability to the limited cooperative association or the other members which the person

incurred while a member.

Frequently Asked Questions About Guam § 171102

What does Guam Code Annotated § 171102 cover?

Section 171102 ("Effect of Dissociation.") 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 § 171102?

A common citation format is "Guam Code Annotated § 171102" (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 § 171102 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.