Terms Used In 22 Guam Code Ann. § 32117

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(a) Certificates of Registration shall expire on the last day of the month of April, and Certificates of Authorization for corporations, partnerships, proprietorships and associations shall expire on the last day of the month of October of each year, following their year of issuance, and become invalid after that date, unless renewed by submission of appropriate forms, as prescribed by the Board.

(1) Renewals of Certificates of Authorization for corporations, partnerships, limited liability companies, proprietorships and associations shall require a clearance form from the Department of Revenue and Taxation that they are current on their taxes with the government of Guam, or have an agreement with the Department of Revenue and Taxation for their back taxes. Such clearance shall be submitted with their renewal application form.

(2) Expired Certificates of Registration may be renewed at any time within sixty (60) days following the expiration date without submission of an “”Application for Reinstatement””, upon payment of the renewal fee plus the penalty fee as prescribed by the Board. Any individual registrant who fails to renew within (60) sixty days after the date of expiration, shall be required to apply for a reinstatement of registration, and pay the prescribed (back registration and penalty) fees as prescribed by the Board.

(3) Certificates of Authorization may be renewed anytime prior to the expiration date. A Certificate of Authorization is considered null and void if not renewed before the expiration date.

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22 Guam Code Ann. BUSINESS REGULATIONS
CH. 32 PROFESSIONAL ENGINEERS, ARCHITECTS AND LAND SURVEYORS

(b) It shall be the duty of the Secretary/Treasurer of the Board to notify every person registered under this Chapter, and every corporation, partnership, limited liability company, proprietorship and association holding a Certificate of Authorization under this Chapter, of the date of the expiration of said Certificate of Registration or Certificate of Authorization, and the amount of the fee required for its renewal. Such notice shall be mailed to the registrant, or corporation, partnership, proprietorship or association at his/her or its last known address at least one (1) month in advance of the date of the expiration of said certificate. Renewal may be effected at any time prior to or during the month of September by payment of a fee as established by the Board.

(c) A Certificate of Registration shall expire upon the death of a registrant.