{"data":{"id":"us-gu/18-gca-171502","jurisdiction":"us-gu","citation":"18 GCA § 171502","heading":"Registration to do Business in Guam.","body":"(a) A foreign cooperative may not do business in Guam until it registers with the Director of Department of Revenue and Taxation under this Article. A foreign cooperative shall not transact business in Guam until it obtains both a business license and a certificate of authority to do so from the Director.\n(b) A foreign cooperative doing business in Guam may not maintain an action or proceeding in Guam unless it is registered to do business in Guam.\n(c) The failure of a foreign cooperative to register to do business in Guam does not impair the validity of a contract or act of the foreign cooperative or preclude it from defending an action or proceeding in Guam.\n(d) A limitation on the liability of a member or director of a foreign cooperative is not waived solely because the foreign cooperative does business in Guam without registering to do business in Guam.\n(e) Subsections 171501(a) and (b) apply even if a foreign cooperative fails to register under this Article.","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 15: FOREIGN COOPERATIVES"],"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":"650efabaf4aa6af37e2c2efe73540068eb796fcf0183b99c1a3d692099a0ee75","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-171501","next":"us-gu/18-gca-171503"},"notice":"GroundRules: Original legal text. Not legal advice."}