Certificate of Good Standing or Registration

(a)On request of any person, the Director of Revenue and Taxation shall issue a certificate of good standing for a limited cooperative association or a certificate of registration for a registered foreign cooperative.

(b)A certificate under Subsection

(a)of this Section must state:

(1)the limited cooperative association’s name or the registered foreign cooperative’s name used in Guam;

(2)in the case of a limited cooperative association:

(A)that articles of organization have been filed and have taken effect;

(B)the date the articles became effective; CH. 17 THE GUAM UNIFORM LIMITED COOPERATIVE ASSOCIATION ACT

(C)the period of the association’s duration if the records of the Director reflect that its period of duration is less than perpetual; and

(D)that:

(i)no statement of dissolution, statement of administrative dissolution, or statement of termination has been filed;

(ii)the records of the Director do not otherwise reflect that the association has been dissolved or terminated; and

(iii)a proceeding is not pending under § 171214;

(3)in the case of a registered foreign cooperative, that it is registered to do business in Guam;

(4)that all fees, taxes, interest, and penalties owed to Guam by the limited cooperative association or foreign cooperative and collected through the Director have been paid, if:

(A)payment is reflected in the records of Director; and

(B)nonpayment affects the good standing or registration of the association or foreign cooperative;

(5)that the most recent annual report required by § 17210 has been delivered to the Director for filing; and

(6)other facts reflected in the records of the Director pertaining to the limited cooperative association or foreign cooperative which the person requesting the certificate reasonably requests.

(c)Subject to any qualification stated in the certificate, a certificate issued by the Director may be relied on as conclusive evidence of the facts stated in the certificate.