Guam § 46201 - Registration Requirements.
Full text of Guam Guam Code Annotated § 46201 — Registration Requirements., with citation guidance and answers to common questions.
§ 46201. Registration Requirements.
(a) It is unlawful for any person to transact business in this state as a
broker-dealer or agent unless he is registered under this Act.
(b) It is unlawful for any broker-dealer or issuer to employ an agent
unless the agent is registered. The registration of an agent is not effective
during any period when he is not associated with a particular broker-dealer
registered under this Act or a particular issuer. When an agent begins or
terminates a connection with a broker-dealer or issuer, or bearings or
terminates those activities which make him an agent, the agent as well as
the broker-dealer or issuer shall promptly notify the Administrator.
(c) It is unlawful for any person to transact business in this state as an
investment adviser unless (1) he is so registered under this Act, (2) he is
registered as a broker-dealer without the imposition of a condition under §
46205(b)(5), or (3) his only clients in this state are investment companies as
defined in the Investment Company Act of 1940, or insurance companies.
(d) Every registration expires one (1) year from its effective date unless
renewed.
Frequently Asked Questions About Guam § 46201
What does Guam Code Annotated § 46201 cover?
Section 46201 ("Registration Requirements.") 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 § 46201?
A common citation format is "Guam Code Annotated § 46201" (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 § 46201 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.