Guam § 7308 - Action, Suit, or Proceedings in Guam; Registration
Full text of Guam Guam Code Annotated § 7308 — Action, Suit, or Proceedings in Guam; Registration, with citation guidance and answers to common questions.
§ 7308. Action, Suit, or Proceedings in Guam; Registration
Requirement; Failure to Register; Penalty; Liability of Members for
Company Debts and Obligations; Agent for Service of Process.
(a) A foreign limited liability company transacting business in Guam
shall not maintain any action, suit, or proceeding in any court of Guam
until it has registered in Guam.
(b) Any foreign limited liability company that transacts business in
Guam without registration is subject to a penalty of Twenty Dollars
($20.00) for each day that unauthorized business is transacted, up to a
maximum of Ten Thousand Dollars ($10,000.00).
(c) A member of a foreign limited liability company is not liable for the
debts and obligations of the foreign limited liability company solely by
reason of its having transacted business in Guam without registration.
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18 GCA BUSINESS S TRUCTURES & FUNCTION
(d) A foreign limited liability company, transacting business in Guam
without registration, appoints the Department of Revenue and Taxation as
its agent for service of process with respect to causes of action arising out
of the transaction of business in Guam.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 7308
What does Guam Code Annotated § 7308 cover?
Section 7308 ("Action, Suit, or Proceedings in Guam; Registration") 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 § 7308?
A common citation format is "Guam Code Annotated § 7308" (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 § 7308 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.