reglab/housing_qa huggingface dataset:
9-A ME Rev Stat § 14-105 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 14: STUDENT LOAN BILL OF RIGHTS|9-A §14-105. Annual report

 §14-105. Annual report The superintendent shall submit a report by January 1st of each year to the joint standing committees of the Legislature having jurisdiction over education and cultural affairs and insurance and financial services matters. The report must include:   [PL 2019, c. 431, §2 (NEW); PL 2019, c. 431, §4 (AFF).]1.  Implementation.  A description of actions taken with respect to the implementation of this Article;   [PL 2019, c. 431, §2 (NEW); PL 2019, c. 431, §4 (AFF).] 2.  Effectiveness.  An assessment of the overall effectiveness of the student loan ombudsman, including information, in the aggregate, regarding student loan borrower complaints investigated with the assistance of an organization that is exempt from this Article pursuant to section 14‑107, subsection 1;   [PL 2019, c. 431, §2 (NEW); PL 2019, c. 431, §4 (AFF).] 3.  Funding.  An accounting of the funding for the program, including the license, examination and investigation fees collected pursuant to this Article, and whether those funds are adequate for or are in excess of the costs of carrying out the duties of this Article; and   [PL 2019, c. 431, §2 (NEW); PL 2019, c. 431, §4 (AFF).] 4.  Additional steps.  Recommendations regarding additional steps for the Department of Professional and Financial Regulation to gain regulatory control over licensing and enforcement with respect to student loan servicers.   [PL 2019, c. 431, §2 (NEW); PL 2019, c. 431, §4 (AFF).] 5.  Additional steps.   [PL 2021, c. 293, Pt. A, §14 (RP).] SECTION HISTORY PL 2019, c. 431, §2 (NEW). PL 2019, c. 431, §4 (AFF). PL 2021, c. 293, Pt. A, §14 (AMD).
9-A ME Rev Stat § 14-106 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 14: STUDENT LOAN BILL OF RIGHTS|9-A §14-106. Assistance by exempt organization; report

 §14-106. Assistance by exempt organization; report An exempt organization that is requested by the student loan ombudsman to provide assistance pursuant to section 14‑104, subsection 8 shall provide, in a timely manner, the information requested by the ombudsman necessary to investigate and resolve a student loan borrower complaint, including the steps taken by the exempt organization to resolve the complaint, or, on its own, shall resolve, in a timely manner, the complaint and provide the ombudsman with documentation regarding the resolution. Annually, an exempt organization that is involved in the resolution of a complaint pursuant to this section shall report to the ombudsman the number of complaints received and the number of complaints resolved by the exempt organization. For purposes of this section, "exempt organization" means the Finance Authority of Maine and financial institutions exempt from this Article pursuant to section 14-107, subsection 1.   [PL 2019, c. 431, §2 (NEW); PL 2019, c. 431, §4 (AFF).]SECTION HISTORY PL 2019, c. 431, §2 (NEW). PL 2019, c. 431, §4 (AFF).
9-A ME Rev Stat § 14-110 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 14: STUDENT LOAN BILL OF RIGHTS|9-A §14-110. Compliance with federal law

 §14-110. Compliance with federal law A student loan servicer shall comply with all applicable federal laws and regulations relating to student education loan servicing, including, but not limited to, the federal Truth in Lending Act, 15 United States Code, Sections 1601 to 1667f (2010), as amended, and the regulations adopted pursuant to that Act. In addition to any other remedies provided by law, a violation of that Act or regulations adopted pursuant to that Act is a violation of this section and a basis upon which the superintendent may take enforcement action pursuant to this Article.   [PL 2019, c. 431, §2 (NEW); PL 2019, c. 431, §4 (AFF).]SECTION HISTORY PL 2019, c. 431, §2 (NEW). PL 2019, c. 431, §4 (AFF).
9-A ME Rev Stat § 14-111 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 14: STUDENT LOAN BILL OF RIGHTS|9-A §14-111. Funding

 §14-111. Funding The superintendent shall internally track any license, examination and investigation fees collected pursuant to this Article and any funds received from any public or private source. The superintendent shall use these funds to cover the costs of carrying out the duties of this Article, and funds received may not be used for any other purpose.   [PL 2019, c. 431, §2 (NEW); PL 2019, c. 431, §4 (AFF).]SECTION HISTORY PL 2019, c. 431, §2 (NEW). PL 2019, c. 431, §4 (AFF).
9-A ME Rev Stat § 15-101 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 15: PRIVATE STUDENT LENDER REGISTRY|9-A §15-101. Definitions

 §15-101. Definitions As used in this Article, unless the context indicates otherwise, the following terms have the following meanings.   [PL 2021, c. 357, §1 (NEW).]1.  Provider of postsecondary education.  "Provider of postsecondary education" means a person engaged in the business of providing postsecondary education directly, by correspondence or by the Internet to a person located in the State. "Provider of postsecondary education" also includes a person not authorized to operate as and not accredited as a postsecondary educational institution in the State.   [PL 2021, c. 357, §1 (NEW).] 2.  Student financing.  "Student financing" means an extension of credit or a debt or obligation owned or incurred by a student, contractual or otherwise, that:   A. Is not made, insured or guaranteed under the federal Higher Education Act of 1965, 20 United States Code, Chapter 28, Subchapter IV; and   [PL 2021, c. 357, §1 (NEW).]B. Is extended to or owned or incurred by a student expressly for postsecondary education expenses regardless of whether the extension of credit or a debt or obligation owned or incurred is provided by or owed to the provider of postsecondary education that the student attends.   [PL 2021, c. 357, §1 (NEW).]"Student financing" does not include a loan secured by real property or a dwelling.   [PL 2021, c. 357, §1 (NEW).] 3.  Student financing company.  "Student financing company" means a person engaged in the business of making or extending credit to a student for postsecondary education expenses or a holder of debt or obligation owned or incurred by a student to finance postsecondary education expenses. "Student financing company" does not include a supervised financial organization; a financial institution holding company as defined in Title 9‑B, section 1011, subsection 1; a mutual holding company as defined in Title 9‑B, section 1052, subsection 2; a wholly owned subsidiary of a supervised financial organization, financial institution holding company or mutual holding company; or the Finance Authority of Maine. Only to the extent that state regulation is preempted by federal law, "student financing company" does not include:   A. A federally chartered bank, savings bank, savings and loan association or credit union;   [PL 2021, c. 357, §1 (NEW).]B. A wholly owned subsidiary of a federally chartered bank or credit union; or   [PL 2021, c. 357, §1 (NEW).]C. An operating subsidiary of a wholly owned subsidiary of a federally chartered bank or credit union in which each owner of the operating subsidiary is wholly owned by the same federally chartered bank or credit union.   [PL 2021, c. 357, §1 (NEW).][PL 2021, c. 357, §1 (NEW).] 4.  Superintendent.  "Superintendent" means the Superintendent of Consumer Credit Protection within the Department of Professional and Financial Regulation.   [PL 2021, c. 357, §1 (NEW).] SECTION HISTORY PL 2021, c. 357, §1 (NEW).
9-A ME Rev Stat § 15-102 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 15: PRIVATE STUDENT LENDER REGISTRY|9-A §15-102. Private student lender registry

 §15-102. Private student lender registry 1.  Private student lender registry.  A person may not engage in the business of student financing as a student financing company in the State unless the person:   A. Registers with the superintendent under rules or procedures adopted by the superintendent, including the payment of a fee of not less than $500 annually; and   [PL 2021, c. 357, §1 (NEW).]B. Provides the superintendent, at the time of registration under paragraph A and annually after registration, with the following information for the previous year:   (1) A list of all providers of postsecondary education for which the person has provided student financing to a student residing in the State;   (2) The number of student financing transactions made to students residing in the State;   (3) The number of student financing transactions made for each provider of postsecondary education listed in subparagraph (1);   (4) The default rate for a student obtaining student financing from the person; and   (5) A sample copy of the promissory note, agreement, contract or other instrument used by the person to extend student financing.   [PL 2021, c. 357, §1 (NEW).][PL 2021, c. 357, §1 (NEW).] 2.  Publicly accessible website.  By November 15, 2022, the superintendent shall list on a publicly accessible website the following information, which must be updated on at least an annual basis:   A. The name, address, telephone number and website address for each student financing company registered under this section;   [PL 2021, c. 357, §1 (NEW).]B. A summary of the information required under subsection 1, paragraph B, subparagraphs (1) to (4); and   [PL 2021, c. 357, §1 (NEW).]C. A sample copy of each promissory note, agreement, contract or other instrument provided to the superintendent pursuant to subsection 1, paragraph B, subparagraph (5).   [PL 2021, c. 357, §1 (NEW).][PL 2021, c. 357, §1 (NEW).] SECTION HISTORY PL 2021, c. 357, §1 (NEW).
9-A ME Rev Stat § 15-103 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 15: PRIVATE STUDENT LENDER REGISTRY|9-A §15-103. Violations

 §15-103. Violations 1.  Fine.  The superintendent may impose a fine of up to $25,000 on a person for any violation of this Article. Each violation of this Article or of any rule adopted pursuant to section 15‑104 is a separate offense for the purposes of this section.   [PL 2021, c. 357, §1 (NEW).] 2.  Suspended from operating in State.  If the superintendent finds that a person has knowingly violated any provision of this Article and the violation caused financial harm to a student, the superintendent may suspend the person from operating as or bar the person from being a stockholder, officer, director, partner, owner or employee of a student financing company for a period of up to 10 years.   [PL 2021, c. 357, §1 (NEW).] 3.  Crime.  A violation of this Article is a Class E crime.   [PL 2021, c. 357, §1 (NEW).] 4.  Private right of action.  A student financing company that fails to comply with this Article is liable to any person or class of persons obligated on such student financing contract for any of the following:   A. Actual damages or $500, whichever is greater;   [PL 2021, c. 357, §1 (NEW).]B. An order enjoining the methods, acts or practices;   [PL 2021, c. 357, §1 (NEW).]C. Restitution of property;   [PL 2021, c. 357, §1 (NEW).]D. Punitive damages;   [PL 2021, c. 357, §1 (NEW).]E. Attorney's fees; and   [PL 2021, c. 357, §1 (NEW).]F. Any other relief that the court determines proper, including a declaration that the contract between the person or class of persons and the student financing company is void and unenforceable.   [PL 2021, c. 357, §1 (NEW).][PL 2021, c. 357, §1 (NEW).] 5.  Remedies.  Any violation of this Article is subject to the remedies provided in this section in addition to remedies otherwise provided by law.   [PL 2021, c. 357, §1 (NEW).] SECTION HISTORY PL 2021, c. 357, §1 (NEW).
9-A ME Rev Stat § 15-104 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 15: PRIVATE STUDENT LENDER REGISTRY|9-A §15-104. Rules

 §15-104. Rules The superintendent may adopt rules to carry out the purposes of this Article. Rules adopted under this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A.   [PL 2021, c. 357, §1 (NEW).]SECTION HISTORY PL 2021, c. 357, §1 (NEW).
9-A ME Rev Stat § 16-102 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 16: PRIVATE EDUCATION LENDING|9-A §16-102. License required

 §16-102. License required A person may not engage in the business of securing, making or extending a private education loan or holding a private education loan without having first obtained a license as a supervised lender from the administrator pursuant to section 2‑301.   [PL 2021, c. 357, §2 (NEW).]SECTION HISTORY PL 2021, c. 357, §2 (NEW).
9-A ME Rev Stat § 16-103 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 16: PRIVATE EDUCATION LENDING|9-A §16-103. Cosigned private education loan

 §16-103. Cosigned private education loan 1.  Information prior to extension of loan.  Prior to the extension of a private education loan that requires a cosigner, a private education lender shall deliver the following information to the cosigner:   A. How the private education loan will appear on the cosigner's credit report;   [PL 2021, c. 357, §2 (NEW).]B. How the cosigner will be notified if the private education loan becomes delinquent, and how the cosigner can cure a delinquency to avoid negative credit reporting and loss of cosigner release eligibility; and   [PL 2021, c. 357, §2 (NEW).]C. Eligibility criteria for cosigner release, including the number of on-time payments and any other criteria required to approve the cosigner release.   [PL 2021, c. 357, §2 (NEW).][PL 2021, c. 357, §2 (NEW).] 2.  Disclosure.  Prior to offering a person a private education loan that is being used to refinance an existing education loan, a private education lender shall provide the person a disclosure that the benefits and protections applicable to the existing loan may be lost due to the refinancing.   [PL 2021, c. 357, §2 (NEW).] 3.  Form of and access to information and disclosure.  A private education lender shall provide the information disclosure required by subsections 1 and 2 on a one-page information sheet in 12-point type written in simple, clear, understandable and easily readable language. A private education lender shall provide a cosigner with access to all documents or records related to a cosigned private education loan that is available to the borrower. If a private education lender provides electronic access to a document or record to a borrower of a cosigned private education loan, the lender shall provide equivalent access to the cosigner. Upon written request of the borrower or cosigner, the lender may withhold individual contact information from the other party.   [PL 2021, c. 357, §2 (NEW).] SECTION HISTORY PL 2021, c. 357, §2 (NEW).
9-A ME Rev Stat § 16-105 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 16: PRIVATE EDUCATION LENDING|9-A §16-105. Disability; discharge of liability

 §16-105. Disability; discharge of liability 1.  Notification of total and permanent disability.  A private education lender, when notified of the total and permanent disability of a borrower or cosigner of a cosigned private education loan, shall release a cosigner from the obligations of the cosigner under the loan. The lender may not attempt to collect a payment from a cosigner following a notification of total and permanent disability of a cosigner or borrower. A private education lender shall, when notified of the total and permanent disability of a borrower, discharge the liability of the borrower and cosigner on the loan.   [PL 2021, c. 357, §2 (NEW).] 2.  Notification of release.  If either a cosigner or a borrower is released from the obligations of a cosigned private education loan under this section, the private education lender shall notify the borrower and cosigner within 30 days of the release.   [PL 2021, c. 357, §2 (NEW).] 3.  Legal authority to act on behalf of borrower.  A private education lender that extends a cosigned private education loan shall provide the borrower an option to designate an individual to have the legal authority to act on behalf of the borrower with respect to the private education loan in the event of the total and permanent disability of the borrower.   [PL 2021, c. 357, §2 (NEW).] 4.  Cosigner release.  If a cosigner is released from the obligations of a cosigned private education loan pursuant to subsection 1, the private education lender may not require the borrower to obtain another cosigner on the loan.   [PL 2021, c. 357, §2 (NEW).] 5.  Prohibition on default or acceleration of loan.  A private education lender may not declare a default or accelerate the debt against a borrower on the sole basis of a cosigner release under subsection 1.   [PL 2021, c. 357, §2 (NEW).] 6.  Prohibited activities after notice of disability of borrower.  After receiving a notification of a borrower's total and permanent disability under subsection 1, the private education lender may not:   A. Attempt to collect on the outstanding liability of the borrower or cosigner; or   [PL 2021, c. 357, §2 (NEW).]B. Monitor the disability status of the borrower at any point after the date of discharge of liability.   [PL 2021, c. 357, §2 (NEW).][PL 2021, c. 357, §2 (NEW).] SECTION HISTORY PL 2021, c. 357, §2 (NEW).
9-A ME Rev Stat § 16-106 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 16: PRIVATE EDUCATION LENDING|9-A §16-106. Availability of alternative repayment options

 §16-106. Availability of alternative repayment options 1.  Flexible repayment option.  If a private education lender offers a borrower a flexible repayment option in connection with a private education loan, the private education lender shall make the flexible repayment option available to all borrowers by the lender.   [PL 2021, c. 357, §2 (NEW).] 2.  Other alternative repayment options.  If a private education lender offers alternative repayment options other than flexible repayment options, the lender shall consistently present and offer the alternative repayment options to borrowers with similar financial circumstances.   [PL 2021, c. 357, §2 (NEW).] 3.  Policies and procedures.  A private education lender shall:   A. Provide on its publicly accessible website a description of any alternative repayment options under this section offered by the lender for private education loans; and   [PL 2021, c. 357, §2 (NEW).]B. Establish consistently implemented policies and procedures to evaluate private education loan alternative repayment options requests, including providing accurate information regarding any private education loan alternative repayment options that may be available to a borrower of a private education loan through the promissory note or that may have been marketed to the borrower.   [PL 2021, c. 357, §2 (NEW).][PL 2021, c. 357, §2 (NEW).] SECTION HISTORY PL 2021, c. 357, §2 (NEW).
9-A ME Rev Stat § 16-107 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 16: PRIVATE EDUCATION LENDING|9-A §16-107. Record retention

 §16-107. Record retention A private education lender shall establish and maintain records and permit the superintendent to access and copy any records required to be maintained pursuant to this Article. The private education lender shall retain a loan file, including any record specified for retention by rules adopted by the superintendent, for at least 6 years after the termination of the loan account.   [PL 2021, c. 357, §2 (NEW).]SECTION HISTORY PL 2021, c. 357, §2 (NEW).
9-A ME Rev Stat § 16-108 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 16: PRIVATE EDUCATION LENDING|9-A §16-108. Prohibition on acceleration of private education loans

 §16-108. Prohibition on acceleration of private education loans 1.  Prohibition on acceleration.  A private education loan executed after the effective date of this section may not include a provision that permits the private education lender to accelerate, in whole or in part, payments on the private education loan, except in cases of payment default. A lender may not place any private education loan or account into default or accelerate a private education loan for any reason, other than for payment default.   [PL 2021, c. 357, §2 (NEW).] 2.  Private education loans executed prior to effective date of section.  For a private education loan executed prior to the effective date of this section:   A. The loan may permit the private education lender to accelerate payments only if the promissory note or loan agreement explicitly authorizes an acceleration and only for the reasons stated in the note or agreement;   [PL 2021, c. 357, §2 (NEW).]B. If a cosigner of the private education loan dies, the lender may not attempt to collect against the cosigner's estate other than for payment default;   [PL 2021, c. 357, §2 (NEW).]C. Upon receiving notification of the death or bankruptcy of a cosigner of the loan, if the loan is not more than 60 days delinquent at the time of the notification, the private education lender may not change any terms or benefits under the promissory note, repayment schedule, repayment terms or monthly payment amount or any other provision associated with the loan; and   [PL 2021, c. 357, §2 (NEW).]D. The private education lender may not place the loan or account into default or accelerate payments on a loan while a borrower is seeking a loan modification or enrollment in an alternative repayment plan, except that the lender may place a loan or account into default or accelerate a loan for payment default 90 days following the borrower's default.   [PL 2021, c. 357, §2 (NEW).][PL 2021, c. 357, §2 (NEW).] SECTION HISTORY PL 2021, c. 357, §2 (NEW).
9-A ME Rev Stat § 16-111 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 16: PRIVATE EDUCATION LENDING|9-A §16-111. Rules

 §16-111. Rules The superintendent may adopt rules to carry out the purposes of this Article. Rules adopted under this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A.   [PL 2021, c. 357, §2 (NEW).]SECTION HISTORY PL 2021, c. 357, §2 (NEW).
11 ME Rev Stat § 5-101 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 5: LETTERS OF CREDIT|11 §5-101. Short title (REPEALED)

 §5-101. Short title (REPEALED)SECTION HISTORY PL 1997, c. 429, §A1 (RP). PL 1997, c. 429, §A4 (AFF).
11 ME Rev Stat § 5-102 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 5: LETTERS OF CREDIT|11 §5-102. Scope (REPEALED)

 §5-102. Scope (REPEALED)SECTION HISTORY PL 1997, c. 429, §A1 (RP). PL 1997, c. 429, §A4 (AFF).
11 ME Rev Stat § 5-103 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 5: LETTERS OF CREDIT|11 §5-103. Definitions (REPEALED)

 §5-103. Definitions (REPEALED)SECTION HISTORY PL 1997, c. 429, §A1 (RP). PL 1997, c. 429, §A4 (AFF).
11 ME Rev Stat § 5-104 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 5: LETTERS OF CREDIT|11 §5-104. Formal requirements; signing (REPEALED)

 §5-104. Formal requirements; signing (REPEALED)SECTION HISTORY PL 1997, c. 429, §A1 (RP). PL 1997, c. 429, §A4 (AFF).
11 ME Rev Stat § 5-105 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 5: LETTERS OF CREDIT|11 §5-105. Consideration (REPEALED)

 §5-105. Consideration (REPEALED)SECTION HISTORY PL 1997, c. 429, §A1 (RP). PL 1997, c. 429, §A4 (AFF).
11 ME Rev Stat § 5-106 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 5: LETTERS OF CREDIT|11 §5-106. Time and effect of establishment of credit (REPEALED)

 §5-106. Time and effect of establishment of credit (REPEALED)SECTION HISTORY PL 1997, c. 429, §A1 (RP). PL 1997, c. 429, §A4 (AFF).
11 ME Rev Stat § 5-107 (2021)
2021 Maine Revised Statutes|TITLE 11: UNIFORM COMMERCIAL CODE|Article 5: LETTERS OF CREDIT|11 §5-107. Advice of credit; confirmation; error in statement of terms (REPEALED)

 §5-107. Advice of credit; confirmation; error in statement of terms (REPEALED)SECTION HISTORY PL 1965, c. 306, §14 (AMD). PL 1997, c. 429, §A1 (RP). PL 1997, c. 429, §A4 (AFF).