Guam § 171502 - Registration to do Business in Guam.
Full text of Guam Guam Code Annotated § 171502 — Registration to do Business in Guam., with citation guidance and answers to common questions.
§ 171502. Registration to do Business in Guam.
(a) A foreign cooperative may not do business in Guam until it registers with the Director of
Department of Revenue and Taxation under this Article. A foreign cooperative shall not transact business
in Guam until it obtains both a business license and a certificate of authority to do so from the Director.
(b) A foreign cooperative doing business in Guam may not maintain an action or proceeding in Guam
unless it is registered to do business in Guam.
(c) The failure of a foreign cooperative to register to do business in Guam does not impair the validity
of a contract or act of the foreign cooperative or preclude it from defending an action or proceeding in
Guam.
(d) A limitation on the liability of a member or director of a foreign cooperative is not waived solely
because the foreign cooperative does business in Guam without registering to do business in Guam.
(e) Subsections 171501(a) and (b) apply even if a foreign cooperative fails to register under this
Article.
COL 2025-04-22
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 171502
What does Guam Code Annotated § 171502 cover?
Section 171502 ("Registration to do Business in Guam.") 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 § 171502?
A common citation format is "Guam Code Annotated § 171502" (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 § 171502 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.