{"data":{"id":"us-gu/14-gca-1102","jurisdiction":"us-gu","citation":"14 GCA § 1102","heading":"Purposes: Rules of Construction.","body":"(1) This Title shall be liberally construed and applied to promote the underlying purposes and policies.\n(2) The underlying purposes and policies of this Act are:\n(a) to simplify, clarify and modernize the law governing retail installment sales, consumer credit, small loans and usury;\n(b) to further consumer understanding of the terms of credit transactions and to promote competition among suppliers of consumer credit;\n(c) to protect consumer buyers, lessees and borrowers against unfair practices by some suppliers of consumer credit, having due regard for the interests of legitimate and scrupulous creditors;\n(d) to permit and encourage the development of fair and economically sound consumer credit practices; and\n(e) to make uniform the law among the various jurisdictions.","path":["Title 14: Uniform Consumer Credit Code","Chapter 1: General Provisions and Definitions","ARTICLE 1: SHORT TITLE, CONSTRUCTION, AND GENERAL PROVISIONS"],"source_url":"https://col.guamcourts.gov/sites/default/files/14gc001.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:29:18Z","sha256":"74a08d3ec9764a9c824425fc1944988dd581befd0f465566f6b99b648d395ee0","source_id":"us-gu","stale":false,"prev":"us-gu/14-gca-1101","next":"us-gu/14-gca-1103"},"notice":"GroundRules: Original legal text. Not legal advice."}