Transfer of Registration

(a)When a registered foreign cooperative has merged into a foreign entity that does not have a certificate of authority to transact business and is not licensed to do business in Guam, the foreign entity shall deliver to the Director of Revenue and Taxation for filing an application for transfer of registration. The application must state:

(1)the name of the registered foreign cooperative before the merger or conversion;

(2)that before the merger or conversion the registration pertained to a foreign cooperative;

(3)the name of the applicant foreign entity into which the foreign cooperative has merged or to which it has been converted and, if the name does not comply with § 17117, an alternate name adopted pursuant to § 171506;

(4)the type of entity of the applicant foreign entity and its jurisdiction of formation;

(5)the street and mailing addresses of the principal office of the applicant foreign entity and, if the law of the entity’s jurisdiction of formation requires the entity to maintain an office in that jurisdiction, the street and mailing addresses of that office; and

(6)the name and street and mailing addresses of the foreign entity’s registered agent in Guam.

(b)When an application for transfer of registration takes effect, the registration of the foreign cooperative to do business in Guam is transferred without interruption to the foreign entity into which the cooperative has merged or to which it has been converted.