Guam § 32304 - Contracts Required.

§ 32304. Contracts Required.

No sale or contract for sale of services, intangible goods,

stocks, bonds, or investment opportunities by a telemarketing

seller is final or enforce able until the consumer has signed a

contract to purchase the same and delivered a signed copy of the

contract to the seller. In the case of stocks, bonds, intangible

goods, or investment opportunities the signature of the consumer

must be acknowledged by a notary public to be enforce able. If a

consumer has actually received stocks, bonds, intangible goods,

or the investment opportunity prior to signing the required

acknowledged contract, the consumer shall return whatever he

received if the consumer disavows the transaction.

COL10/29/2021