Revocation of Certificate of Registration of Foreign Limited

Liability Company. The certificate of registration of a foreign limited liability company to transact business in Guam may be revoked by the Department of Revenue and Taxation, if any of the following events occur:

(1)The foreign limited liability company fails to:

(a)Pay any fees or penalties prescribed by this Chapter.

(b)Appoint and maintain a statutory agent as required by this Chapter.

(c)File a report on a change in the name or business address of the statutory agent.

(d)File with the Department of Revenue and Taxation any amendment to its application for a certificate of registration as specified in § 7311.

(2)A misrepresentation has been made of any material matter in any application, report, affidavit, or other document submitted by the foreign limited liability company pursuant to this Chapter.