Guam § 171509 - Withdrawal on Dissolution or Conversion to Non-filing Entity other than Limited

§ 171509. Withdrawal on Dissolution or Conversion to Non-filing Entity other than Limited

Liability Partnership.

(a) A registered foreign cooperative that has dissolved and completed winding up or has converted to

a domestic or foreign entity whose formation does not require the public filing of a record, other than a

limited liability partnership, shall deliver a statement of withdrawal to the Director for filing. The statement

must be signed by the dissolved or converted foreign cooperative and state:

(1) in the case of a cooperative that has completed winding up:

(A) its name and jurisdiction of formation; and

(B) that the cooperative surrenders its registration to do business in Guam; and

(2) in the case of a cooperative that has converted:

(A) the name of the converting cooperative and its jurisdiction of formation;

(B) the type of entity to which the cooperative has converted and its jurisdiction of

formation;

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(C) that the converted entity surrenders the converting cooperative’s registration to do

business in Guam and revokes the authority of the converting cooperative’s registered agent to

act as registered agent in Guam on behalf of the cooperative or the converted entity; and

(D) a mailing address to which service of process may be made under Subsection (b).

(b) After a withdrawal under this Section is effective, service of process in any action or proceeding

based on a cause of action arising during the time the foreign cooperative was registered to do business in

Guam may be made pursuant to § 17122.