Guam § 32302 - Registration Procedures.

§ 32302. Registration Procedures.

(a) Not less than ten (10) days prior to doing business in the

Territory of Guam a telephonic seller shall register by filing with

the Attorney General’s Office the information required by § 32306

of this article and by paying a filing fee of Fifty Dollars ($50). A

seller shall be deemed to do business in Guam if the seller solicits

prospective purchasers from locations in Guam or solicits

prospective purchasers who are located in Guam.

(b) The information required by § 32306 shall be submitted

on a form provided by the Attorney General and shall be verified

by a declaration signed by each principal of the telephonic seller

under penalty of perjury. The declaration shall specify the date

and location of signing. Information submitted pursuant to this

article shall be clearly identified and appended to the filing. The

information submitted pursuant to § 32306 shall become part of

the investigatory records and intelligence information compiled

by the Department for Law for enforcement purposes.

(c) Registration of a telephonic seller shall be valid for one

(1) year from the effective date thereof and may be annually

renewed by making the filing required by § 32306 and paying a

filing fee of Fifty Dollars ($50).

(d) Whenever, prior to expiration of a seller’s annual

registration, there is a material change in the information required

by this article, the seller shall, within ten (10) days, file an

addendum updating the information with the Attorney General’s

Office; provided however, that changes in salespersons soliciting

on behalf of a seller shall be updated by addendum filed, if

necessary, in quarterly intervals computed from the effective date

of registration. The addendum shall provide the required

information for all salespersons who are currently soliciting or

have solicited on behalf of the seller at any time during the period

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between the filing of the registration, or the last addendum, and

the current addendum, and shall include salespersons no longer

soliciting for the seller as of the date of the filing of the current

addendum.

(e) Upon receipt of a filing and filing fee pursuant to

subsections (a) or (b) of this section, the Attorney General’s Office

shall send the telephonic seller a written confirmation of receipt

of the filing. If the seller has more than one (1) business location,

the written confirmation shall be sent to the principal business

location identified in the seller’s filing.

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