Guam § 2412 - Notice of Transfer.
Full text of Guam Guam Code Annotated § 2412 — Notice of Transfer., with citation guidance and answers to common questions.
§ 2412. Notice of Transfer.
The buyer or lessee is authorized to pay the seller or lessor until the
buyer or lessee receives notification of transfer of the rights to payment
pursuant to a consumer credit sale or consumer lease and that payment is
to be made to the transferee. A notification which does not reasonably
identify the rights transferred is ineffective. If requested by the buyer or
lessee, the transferee must seasonably furnish reasonable proof that the
transfer has been made and unless he does so the buyer or lessee may pay
the seller or lessor.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 2412
What does Guam Code Annotated § 2412 cover?
Section 2412 ("Notice of Transfer.") 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 § 2412?
A common citation format is "Guam Code Annotated § 2412" (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 § 2412 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.