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Terms Used In 13 Guam Code Ann. § 9201

  • Statute: A law passed by a legislature.
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC
cept as otherwise provided by this code a security agreement is effective according to its terms between the parties, against purchasers of the collateral and against creditors. Nothing in this division validates any

COL070307
13 Guam Code Ann. UNIFORM COMMERCIAL CODE
DIV. 9 SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER

charge or practice illegal under any statute or regulation thereunder gov- erning usury, small loans, retail installment sales, or the like or extends the application of any such statute or regulation to any transaction not otherwise subject thereto.