Guam § 2401 - Exclusions.
Full text of Guam Guam Code Annotated § 2401 — Exclusions., with citation guidance and answers to common questions.
§ 2401. Exclusions.
(1) This Article does not apply:
(a) to sales in which the amount financed is Twenty-Five
Thousand Dollars ($25,000.00) or more or to leases in which the
amount payable under the lease is Twenty-Five Thousand Dollars
($25,000.00) or more; or
(b) To sales of an interest in land.
(2) The amount of Twenty-Five Thousand Dollars ($25,000.00) in
Subsection (1) are subject to change pursuant to the provisions on
adjustment of dollar amounts (§ 1106).
Frequently Asked Questions About Guam § 2401
What does Guam Code Annotated § 2401 cover?
Section 2401 ("Exclusions.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 2401?
A common citation format is "Guam Code Annotated § 2401" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 2401 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.