Annual Report for the Director

(a)A limited cooperative association or registered foreign cooperative shall deliver to the Director for filing an annual report that states:

(1)the name of the association or foreign cooperative;

(2)the name and street and mailing addresses of its registered agent in Guam;

(3)the street and mailing addresses of its principal office;

(4)the name of at least one

(1)director; and

(5)in the case of a foreign cooperative, its jurisdiction of formation and any alternative name adopted under § 17506.

(b)Information about the annual report must be current as of the date the report is signed by the limited cooperative association or registered foreign cooperative.

(c)The first annual report must be delivered to the Director for filing after January 1 and before April 1 of the year following the calendar year in which the limited cooperative association’s articles of organization became effective, or the registered foreign cooperative registered to do business in Guam. Subsequent annual reports must be delivered to the Director for filing after January 1 and before April 1 of each second calendar year thereafter.

(d)If an annual report does not contain the information required by this Section, the Director shall promptly notify the reporting limited cooperative association or registered foreign cooperative in a record and return the report for correction. CH. 17 THE GUAM UNIFORM LIMITED COOPERATIVE ASSOCIATION ACT

(e)If an annual report under this Section contains the name or address of a registered agent which differs from the information shown in the records of the Director immediately before the report becomes effective, the differing information is considered a statement of change under § 17119.