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fore engaging in Guam in any of the activities specified in § 35104, an American lender shall execute and file with the Director of Revenue & Taxation a statement. The statement shall list its name, state of incorporation or organization, and principal place of business, shall certify that its principal activities are conducted outside Guam, and shall appoint irrevocably the Director and his successors its agents upon whom may be served process against it on any proceeding or cause of action arising out of its engaging in this Territory in any of the activities referred to in § 35104. Until that statement is filed the immunities provided in this Chapter do not become operative. Upon the filing of the statement and after a determination by the Director that the American lender qualifies for exemption under this Chapter, the immunities provided by this Chapter shall continue operative until the statement is withdrawn by the American lender or cancelled by the Director pursuant to § 35106, but no such withdrawal or cancellation shall retroactively affect or impair any of the immunities provided by this Chapter.

SOURCE: GC § 43600.4.