14 GCA § 3407

Confession of Judgment

Guam Code AnnotatedTitle 14 — Uniform Consumer Credit Code

A debtor may not give a power of attorney to any person to confess judgment on a claim arising out of a consumer loan. A power of attorney given in violation of this Section is void. ---------- COL120106 CH. 3 LOANS ARTICLE 5 REGULATED LOANS

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