{"data":{"id":"us-gu/18-gca-171202","jurisdiction":"us-gu","citation":"18 GCA § 171202","heading":"Nonjudicial Dissolution.","body":"(a) Except as otherwise provided in §§ 171203 and 171215, a limited cooperative association is dissolved and its activities must be wound up:\n(1) upon the occurrence of an event or at a time specified in the articles of organization;\n(2) upon the action of the association’s organizers, board of directors, or members under § 171204 or 171205; or\n(3) ninety (90) calendar days after the dissociation of a member, which results in the association having one (1) patron member and no other members, unless the association, no later than the end of the ninety (90)-day period, admits at least one (1) member in accordance with the organic rules and has at least two (2) members, at least one (1) of which is a patron member.","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 12: DISSOLUTION"],"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":"cae8ecfe80c1935d82f5c77f9f636d335fea02443159b327fd2ab8033f763c3e","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-171201","next":"us-gu/18-gca-171203"},"notice":"GroundRules: Original legal text. Not legal advice."}
