Guam § 2410 - No Assignment of Earnings.
Full text of Guam Guam Code Annotated § 2410 — No Assignment of Earnings., with citation guidance and answers to common questions.
§ 2410. No Assignment of Earnings.
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.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 2410
What does Guam Code Annotated § 2410 cover?
Section 2410 ("No Assignment of Earnings.") 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 § 2410?
A common citation format is "Guam Code Annotated § 2410" (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 § 2410 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.