18 GCA § 171505: Activities Not Constituting Doing Business.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 2 - Special Corporate Forms
- Chapter 17: Guam Uniform Limited Cooperative Association Act
- ARTICLE 15: FOREIGN COOPERATIVES
(a) Activities of a foreign cooperative which do not constitute doing business in Guam under this Article include:
(1) maintaining, defending, mediating, arbitrating, or settling an action or proceeding;
(2) carrying on any activity concerning its internal affairs, including holding meetings of its members or directors;
(3) maintaining accounts in financial institutions;
(4) conducting an isolated transaction that is not in the course of similar transactions;
(5) doing business in interstate commerce.
(b) A person does not do business in Guam solely by being a member or director of a foreign cooperative that does business in Guam.
(c) This Section does not apply in determining the contacts or activities that may subject a foreign cooperative to service of process, taxation, or regulation under laws of Guam other than this Act.
Collected 2026-09-27T03:54:38Z. Source file · JSON