Withdrawal of Registration of Registered Foreign Cooperative

(a)A registered foreign cooperative may withdraw its registration by delivering a statement of withdrawal to the Director of Department of Revenue and Taxation for filing. The statement of withdrawal must state:

(1)the name of the cooperative and its jurisdiction of formation;

(2)that the cooperative is not doing business in Guam and that it withdraws its registration to do business in Guam;

(3)that the cooperative revokes the authority of its registered agent to accept service on its behalf in Guam; and

(4)an address to which service of process may be made under Subsection (b).

(b)After the withdrawal of the registration of a foreign cooperative, service of process in any action or proceeding based on a cause of action arising during the time the cooperative was registered to do business in Guam may be made pursuant to § 17122.