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us-gu · Through P.L. 38-133 (June 4, 2026)

22 GCA § 57107: Prohibited Provisions of Rental-Purchase Agreement.

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Where this section sits in the code
  1. Title 22: Business Regulation
  2. Division 3 - Business and Professions Subject to Separate Licensing and Regulatory Requirements
  3. Chapter 57: Rental Purchase Agreements

A rental-purchase agreement or any document that the merchant requests the consumer to execute may not contain:

(a) a confession of judgment;

(b) a negotiable instrument;

(c) a security interest or any other claim of a property interest in any goods, except those goods the use of which is provided by the merchant pursuant to the agreement;

(d) a wage assignment;

(e) a waiver by the consumer of a claim, counterclaim or defense; or

(f) require that the consumer purchase insurance or liability waiver against loss or damage to the rental property from the merchant. This paragraph shall not, however, be construed to prohibit a merchant from offering insurance or a liability waiver to a consumer, provided it is clearly disclosed that acceptance of the offer of insurance or a liability waiver is optional.

Collected 2026-09-27T04:21:18Z. Source file · JSON

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