Title 27 — Commerce and Trade
12 chapters · 145 sections in this title.
A.S.C.A. § 27.1501 Limit on sale price of goods
0.4K chars
No merchant, trader, storekeeper or other person may sell goods to a Samoan on credit for more than the current cash selling price of like goods at the place where the credit transaction took place, but this section shall not prohibit a Samoan from agreeing in writing to pay inte…
A.S.C.A. § 27.1510 Validity of mortgage, bill of sale, etc
1.1K chars
No mortgage, agreement that creates or provides for a security interest, bill of sale, conditional sales contract, deed of trust or conveyance of personal property which is not accompanied by a permanent delivery thereof to the vendee is valid as to persons who do not have actual…
A.S.C.A. § 27.1511 Filing of instrument of satisfaction
0.4K chars
When the obligation secured by any of the instruments mentioned in 27.1510 has been satisfied, the owner or holder of the instrument shall satisfy the same in the records of the Terri-torial Registrar by filing an instrument of satisfaction or by endorsing upon the margin of the …
A.S.C.A. § 27.1530 Contracts-Sufficiency of writing
0.6K chars
Except as otherwise provided in this section and 27.1531 and 27.1532, a contract for the sale of goods for the price of $500 or more is not enforceable by way of action or defense unless there is some writing sufficient to indicate that a contract for sale has been made between t…
A.S.C.A. § 27.1531 Contracts-Formal requirements
0.4K chars
Between merchants if within a reasonable time a writing in confirmation of the contract and sufficient against the sender is received and the party receiving it has reason to know its contents, it satisfies the requirements of 27.1530 against that party unless written notice of o…
A.S.C.A. § 27.1532 Contracts-Enforceability
0.9K chars
A contract which does not satisfy the requirements of 27.1530 but which is valid in other respects is enforceable: (1) if the goods are to be specially manufactured for the buyer and are not suitable for sale to others in the ordinary course of the seller’s business and the selle…