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14 GCA § 2410

No Assignment of Earnings

Guam Code AnnotatedTitle 14 — Uniform Consumer Credit Code
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A seller or lessor may not take an assignment or earnings of the buyer or lessee as security for payment of a debt arising out of a consumer credit sale or a consumer lease. If goods or services are given as consideration for a sale of unpaid earnings, the transaction is deemed to be a credit sale of the goods or services secured by an assignment of earnings. An assignment of earnings in violation of this section is void.

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