Guam § 7106 - Effect of Certificate of Authority.
Full text of Guam Guam Code Annotated § 7106 — Effect of Certificate of Authority., with citation guidance and answers to common questions.
§ 7106. Effect of Certificate of Authority.
(a) A certificate of authority authorizes the foreign corporation to
which it is issued to transact business on Guam; subject, however, to the
right of the government of Guam to suspend or revoke such authority and
certificate as provided in this Chapter and all applicable laws of Guam.
(b) A foreign corporation with a valid certificate of authority under
this Chapter shall, until the certificate is revoked or withdrawn, have the
same, but no greater rights and has the same but no greater privileges as,
and except as otherwise provided by this Chapter, is subject to the same
duties, restrictions, penalties, and liabilities now or later imposed upon, a
domestic corporation of like character.
(c) This Chapter does not authorize the government of Guam to
regulate the organization or internal affairs of a foreign corporation
authorized to transact business on Guam.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 7106
What does Guam Code Annotated § 7106 cover?
Section 7106 ("Effect of Certificate of Authority.") 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 § 7106?
A common citation format is "Guam Code Annotated § 7106" (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 § 7106 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.