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14 GCA § 2106

Same: Consumer Lease

Guam Code AnnotatedTitle 14 — Uniform Consumer Credit Code
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(1)Consumer lease means a lease of goods which a lessor, regularly engaged in the business of leasing, makes to a person, other than an or- COL120106 CH. 2 CREDIT SALES ganization, who is taking under the lease primarily for a personal, family, household or agricultural purpose.

(2)Consumer lease does not include a lease in which the lessor allows the lessee to lease goods pursuant to a credit card or similar arrangement.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.