Guam § 35105 - Filing & Effect of Statement.
Full text of Guam Guam Code Annotated § 35105 — Filing & Effect of Statement., with citation guidance and answers to common questions.
§ 35105. Filing & Effect of Statement.
Before engaging in Guam in any of the activities specified in §
35104, an American lender shall execute and file with the Director of
Revenue & Taxation a statement. The statement shall list its name, state
of incorporation or organization, and principal place of business, shall
certify that its principal activities are conducted outside Guam, and shall
appoint irrevocably the Director and his successors its agents upon whom
may be served process against it on any proceeding or cause of action
arising out of its engaging in this Territory in any of the activities
referred to in § 35104. Until that statement is filed the immunities
provided in this Chapter do not become operative. Upon the filing of the
statement and after a determination by the Director that the American
lender qualifies for exemption under this Chapter, the immunities
provided by this Chapter shall continue operative until the statement is
withdrawn by the American lender or cancelled by the Director pursuant
to § 35106, but no such withdrawal or cancellation shall retroactively
affect or impair any of the immunities provided by this Chapter.
Frequently Asked Questions About Guam § 35105
What does Guam Code Annotated § 35105 cover?
Section 35105 ("Filing & Effect of Statement.") 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 § 35105?
A common citation format is "Guam Code Annotated § 35105" (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 § 35105 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.