Purpose. — Guam Code § 15103
Guam Code § 15103 — Purpose.. Reproduced from the official Guam Code Annotated, with a citation summary, verification link, and related provisions.
§ 15103. Purpose.
(a) A limited liability company may be organized under this
Chapter for any lawful purpose, except that special statutes for
the regulation and control of specific types of business shall
control when in conflict herewith.
(b) Subject to any limitations contained in the articles of
organization and to compliance with any other applicable laws, a
limited liability company may engage in any lawful business
activity, except the banking or insurance business.
Source: official Guam text · Last verified 2026-08-27
At a glance
- Citation: Guam Code Annotated § 15103
- Jurisdiction: Guam
- Code: Guam Code Annotated
- Subject: Purpose.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Guam Code Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Guam attorney.
Common questions
What is the source of Guam Code Annotated § 15103?
The text above is transcribed from the Guam Code Annotated, the codified statutes of Guam. The official publisher link appears under "Verify the text" on this page.
What subject does Guam Code Annotated § 15103 address?
It addresses "Purpose.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Guam Code Annotated § 15103 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Guam source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Guam law to your facts requires a licensed Guam attorney who can review the specifics.