18 GCA § 2109
Statement of Treasurer. Condition Precedent to Filing
View official PDF ↗The Director of Revenue and Taxation shall not file the articles of incorporation unless accompanied by a sworn statement of the treasurer elected by the subscribers showing that at least twenty percentum (20%) of the entire capital stock has been subscribed, and that at least twenty-five percentum (25%) of the subscription has been paid to him for the benefit and to the credit of the corporation.
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.