Title 14 — Uniform Consumer Credit Code

This Act shall be known and maybe cited as the Uniform Consumer Credit Code. SOURCE: This section, and the remainder of this Title, were added by P.L. 9-253, effective on June 30, 1969. Only later amendments will be noted from here on. The UCCC was reenacted without change as Tit…

(1) This Title shall be liberally construed and applied to promote the underlying purposes and policies. (2) The underlying purposes and policies of this Act are: (a) to simplify, clarify and modernize the law governing retail installment sales, consumer credit, small loans and u…

Unless displaced by the particular provisions of this Title, the principles of law and equity, including the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy, or other validating or invalidating c…

This Act being a general act intended as a unified coverage of its subject matter, no part of it shall be deemed to be impliedly repealed by subsequent legislation if such construction can reasonably be avoided.

If any provision of this Title or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of this Title which can be given effect without the invalid provision or application, and to this end, the pro…

(1) From time to time the dollar amounts in this title designated as subject to change shall change, as provided in this section, in accordance with and to the extent of changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers: U.S. City Average, All Items,…

(1) Except as provided in Subsection (2), a debtor may not waive or agree to forego rights or benefits under this Title. (2) After his default in payment and apart from or in connection with a deferment (§ 2204 or § 3204), a refinancing (§ 2205 or § 3205), or a COL070307 consolid…

This Title authorizes creditors to make credit service charges, loan finance charges and other charges in certain transactions at rates or in amounts which may vary from those allowed by prior law. The Chapter on Effective Date and Repealer (Chapter 8) provides for the amendment …

(1) This Title applies to sales, leases and loans made in Guam and to refinancings, consolidations and deferrals, made in Guam, of sales, leases and loans, wherever made. For purposes of this Title: (a) a sale or modification of a sale agreement is made in Guam if the buyer's agr…

In addition to definitions appearing in subsequent articles, in this Title: (1) Administrator means the administrator designated in § 6103. (2) Agreement means the bargain of the parties in fact as found in their language or by implication from other circumstances including cours…