Guam § 57113 - Liability of Assignees.
Full text of Guam Guam Code Annotated § 57113 — Liability of Assignees., with citation guidance and answers to common questions.
§ 57113. Liability of Assignees.
(a) Assignees. For purposes of §§ 57111 and 57112 and this Section,
the term >merchant= includes an assignee of a merchant. However, an action
under § 57111 for a violation of this Chapter may be brought against an
assignee only if the violation is apparent on the face of the rental-purchase
agreement to which it relates. A violation apparent in the face of a rental-
purchase agreement includes a disclosure that can be determined to be
incomplete or inaccurate from the face of the agreement. An assignee has
no liability in a case in which the assignment is involuntary.
(b) Consumer Acknowledgment. In an action by or against a assignee,
the consumer's written acknowledgment of receipt of a disclosure shall be
conclusive proof that the disclosure was made, if the assignee had no
knowledge that the disclosure had not been made when the assignee
acquired the rental-purchase agreement to which it relates.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 57113
What does Guam Code Annotated § 57113 cover?
Section 57113 ("Liability of Assignees.") 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 § 57113?
A common citation format is "Guam Code Annotated § 57113" (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 § 57113 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.