Source: https://www.mainelegislature.org/legis/statutes/10/title10sec1123.html
Timestamp: 2017-12-13 17:00:44
Document Index: 765590736

Matched Legal Cases: ['§1123', '§1123', '§1123', '§1122', '§1124', '§1123', '§70', '§70']

Title 10, §1123: Scope
§1123 PDF
§1123 MS-Word
Ch. 202 Contents
§1122
Chapter 202: CONSUMER LOAN AND LEASE AGREEMENTS
§1124
§1123. Scope
1. Application. Except as provided in subsection 2, this chapter applies to any agreement signed in connection with a consumer loan or consumer lease entered into in this State between a consumer who is a resident of this State at the time of the loan or lease and a supervised lender or lessor.
[ 1985, c. 763, Pt. A, §70 (AMD) .]
2. Exclusions. This chapter does not apply:
A. To consumer loans or consumer leases in which the amount financed or in the case of consumer leases, the capitalized cost of the leased property, exceeds $100,000; and [1985, c. 763, Pt. A, §70 (AMD).]
B. To language or arrangement which is specifically required by federal or state law, regulation or official agency interpretation; or to agreements, the form or any part of which is required by any governmental instrumentality as a condition of the assignability of the agreement. [1979, c. 483, (NEW).]
1979, c. 483, (NEW). 1985, c. 763, §A70 (AMD).