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14 GCA § 2604

Limitation on Default Charges

Guam Code AnnotatedTitle 14 — Uniform Consumer Credit Code
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The agreement with respect to a sale for which credit service charge ceilings are set by § 2602 (certain sales to individuals) may not provide for any charges as a result of default by the buyer except for reasonable attorneys' fees and reasonable expenses incurred in realizing on a security interest, and charges that could have been made had the sale been a consumer credit sale. An agreement in violation of this Section is void.

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