{"data":{"id":"us-gu/14-gca-2408","jurisdiction":"us-gu","citation":"14 GCA § 2408","heading":"Cross-Collateral.","body":"(1) In addition to contracting for a security interest in the goods sold, a seller of goods in a consumer credit sale may secure the debt arising from the sale by:\n(a) contracting for a security interest in goods previously sold to the buyer by the seller if there is an existing security interest in the goods held either by the seller or his transferee; and\n(b) contracting at the time of a subsequent sale to the buyer for a security interest in the goods sold in the subsequent sale as security for the previous debt.\n(2) The security interest described in subsections (a) and (b) ceases when the debt arising from the original sale of the collateral to the debtor has been paid.","path":["Title 14: Uniform Consumer Credit Code","Chapter 2: Credit Sales","ARTICLE 4: LIMITATIONS ON AGREEMENTS AND PRACTICES"],"source_url":"https://col.guamcourts.gov/sites/default/files/14gc002.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:29:28Z","sha256":"e7a4347d6817a2cf806def182004db45092415bd892426900efa51f2c3572e4f","source_id":"us-gu","stale":false,"prev":"us-gu/14-gca-2407","next":"us-gu/14-gca-2409"},"notice":"GroundRules: Original legal text. Not legal advice."}