{"data":{"id":"us-gu/18-gca-17104","jurisdiction":"us-gu","citation":"18 GCA § 17104","heading":"Purpose and Duration of Limited Cooperative Association.","body":"(a) A limited cooperative association is an entity distinct from its members.\n(b) A limited cooperative association may be organized for any lawful purpose and for a public benefit, regardless of whether for profit, except designated prohibited purposes under Guam law.\n(c) Unless the articles of organization state a term for a limited cooperative association’s existence, the association has perpetual duration.","path":["Title 18: Business Structure and Function","Division 1 - Business Structure","Part 2 - Special Corporate Forms","Chapter 17: Guam Uniform Limited Cooperative Association Act","ARTICLE 1: GENERAL PROVISIONS"],"source_url":"https://col.guamcourts.gov/sites/default/files/18gc017.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:54:38Z","sha256":"8edec793cc779fc1f72421bc0403af9438733beae38179f8c215c2faa1eb8603","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-17103","next":"us-gu/18-gca-17105"},"notice":"GroundRules: Original legal text. Not legal advice."}