reglab/housing_qa huggingface dataset:
9-A ME Rev Stat § 2-702 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 2: FINANCE CHARGES AND RELATED PROVISIONS|Part 7: FRAUDULENT PRACTICES|9-A §2-702. Purporting to act as agent or service provider for another entity exempt from this Article

 §2-702. Purporting to act as agent or service provider for another entity exempt from this Article A person is a lender subject to the requirements of this Article notwithstanding the fact that the person purports to act as an agent or service provider or in another capacity for another entity that is exempt from this Article, if, among other things:   [PL 2021, c. 297, §1 (NEW).]1.  The person holds, acquires or maintains, directly or indirectly, the predominant economic interest in the loan;   [PL 2021, c. 297, §1 (NEW).] 2.  The person markets, brokers, arranges or facilitates the loan and holds the right, requirement or first right of refusal to purchase the loan or a receivable or interest in the loan; or   [PL 2021, c. 297, §1 (NEW).] 3.  The totality of the circumstances indicate that the person is the lender and the transaction is structured to evade the requirements of this Article. Circumstances that weigh in favor of a person being a lender include, without limitation, when the person:   A. Indemnifies, insures or protects an exempt entity for any costs or risks related to the loan;   [PL 2021, c. 297, §1 (NEW).]B. Predominantly designs, controls or operates the loan program; or   [PL 2021, c. 297, §1 (NEW).]C. Purports to act as an agent or service provider or in another capacity for an exempt entity while acting directly as a lender in other states.   [PL 2021, c. 297, §1 (NEW).][PL 2021, c. 297, §1 (NEW).] SECTION HISTORY PL 2021, c. 297, §1 (NEW).
9-A ME Rev Stat § 3-101 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 1: GENERAL PROVISIONS|9-A §3-101. Short title

 §3-101. Short title This Article shall be known and may be cited as the "Maine Consumer Credit Code -- Regulation of Agreements and Practices."   [PL 1973, c. 762, §1 (NEW).]SECTION HISTORY PL 1973, c. 762, §1 (NEW).
9-A ME Rev Stat § 3-102 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 1: GENERAL PROVISIONS|9-A §3-102. Scope

 §3-102. Scope Parts 2, 3 and 4 of this Article apply, respectively, to disclosure, limitations on agreements and practices, and limitations on consumer's liability with respect to consumer credit transactions. Part 5 applies to home solicitation sales.   [PL 1973, c. 762, §1 (NEW).]SECTION HISTORY PL 1973, c. 762, §1 (NEW).
9-A ME Rev Stat § 3-201 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 2: DISCLOSURE|9-A §3-201. Advertising

 §3-201. Advertising 1.  No creditor may engage in this State in false or misleading advertising concerning the terms or conditions of credit with respect to a consumer credit transaction or an open-end credit plan.   [PL 1987, c. 129, §54 (AMD).] 2.  Without limiting the generality of subsection 1 and without requiring a statement of rate of finance charge if the finance charge is not more than $5 when the amount financed does not exceed $75, or $7.50 when the amount financed exceeds $75, an advertisement with respect to a consumer credit transaction or an open-end credit plan is misleading if:   A. It states the rate of finance charge and the rate is not stated in the form required by the provisions on disclosure; or   [PL 1973, c. 762, §1 (NEW).]B. It states the dollar amounts of the finance charge or instalment payments, and does not also state the rate of any finance charge and the number and amount of the installment payments.   [PL 1985, c. 819, Pt. A, §13 (AMD).][PL 1987, c. 129, §55 (AMD).] 3.  In this section a catalog or other multiple-page advertisement is considered a single advertisement if it clearly and conspicuously displays a credit terms table setting forth the information required by this section.   [PL 1973, c. 762, §1 (NEW).] 4.  This section imposes no liability on the owner or personnel, as such, of any medium in which an advertisement appears or through which it is disseminated.   [PL 1973, c. 762, §1 (NEW).] 5.  Advertising which complies with the Federal Consumer Credit Protection Act, 15 U.S.C.A. § 1601 et seq., does not violate subsection 2.   [PL 1973, c. 762, §1 (NEW).] SECTION HISTORY PL 1973, c. 762, §1 (NEW). PL 1985, c. 819, §A13 (AMD). PL 1987, c. 129, §§54,55 (AMD).
9-A ME Rev Stat § 3-202 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 2: DISCLOSURE|9-A §3-202. Entitlement to copy of written agreement

 §3-202. Entitlement to copy of written agreement When a written agreement that requires or provides for the signature of the consumer and that evidences a consumer credit transaction other than one pursuant to open-end credit, the consumer is entitled to a copy of the agreement upon consummation of the transaction or within a reasonable time thereafter in the case of transactions entered into by mail, telephone or electronic means.   [PL 1999, c. 150, §1 (RPR).]SECTION HISTORY PL 1973, c. 762, §1 (NEW). PL 1981, c. 281, §3 (AMD). PL 1981, c. 293, §3 (AMD). PL 1981, c. 618, §7 (RPR). PL 1999, c. 150, §1 (RPR).
9-A ME Rev Stat § 3-203 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 2: DISCLOSURE|9-A §3-203. Notice of assignment

 §3-203. Notice of assignment The consumer is authorized to pay the original creditor until he receives notification of assignment of rights to payment pursuant to a consumer credit transaction and that payment is to be made to the assignee. A notification which does not clearly and conspicuously identify the rights assigned is ineffective. If requested by the consumer, the assignee must seasonably furnish reasonable proof that the assignment has been made and unless he does so the consumer may pay the original creditor.   [PL 1973, c. 762, §1 (NEW).]SECTION HISTORY PL 1973, c. 762, §1 (NEW).
9-A ME Rev Stat § 3-204 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 2: DISCLOSURE|9-A §3-204. Change in terms of open-end credit accounts

 §3-204. Change in terms of open-end credit accounts 1.  If a creditor makes a change in the terms of an open-end credit account without complying with this section, any additional cost or charge to the consumer resulting from the change is an excess charge and subject to the remedies available to consumers, section 5-201, and to the administrator, section 6-113.   [PL 1973, c. 762, §1 (NEW).] 2.  Unless otherwise provided for in Article 8‑A, a creditor may change the terms of an open-end credit account. Except as provided in subsections 3 and 3-A, the creditor shall give to the consumer written notice of any change of terms relating to penalties, interest or other charges at least 30 days before the effective date of the change. A change of terms that would increase any penalty, interest or other charges may not affect outstanding balances incurred prior to the effective date of any such change unless:   A. The creditor includes in the notice of change an offer to finance by a separate loan arrangement the outstanding unpaid balance as of the effective date of the change at the same rate of interest with the same repayment schedule as applies to that open-end credit account;   [PL 1983, c. 212, §6 (AMD).]B. The consumer may accept the offer of a separate loan arrangement with respect to the then existing unpaid balance anytime prior to 7 days before the change is to become effective;   [PL 1983, c. 212, §6 (AMD).]C. The creditor has legal authority to make such a loan; and   [PL 1983, c. 212, §6 (AMD).]D. No minimum finance charge is assessed nor prepayment penalty charged on the loan.   [PL 1983, c. 212, §6 (AMD).][PL 2011, c. 427, Pt. A, §9 (AMD).] 3.  The notice procedure specified in subsection 2 does not have to be followed if:   A. The consumer, after receiving the notice of the change and his rights specified in subsection 2, agrees in writing to the change; or   [PL 1983, c. 720, §12 (AMD).]B.   [PL 1983, c. 720, §12 (RP).]C. The change applies only to debts incurred after a date specified in a notice of the change given 15 days prior to the effective date of the change.   [PL 1983, c. 212, §7 (AMD).][PL 1983, c. 720, §12 (AMD).] 3-A.  No notice of a change in terms is required if the change involves no significant cost to the consumer.   [PL 1983, c. 720, §13 (NEW).] 4.  The notice provided for in this section is given to the consumer when mailed to him at the address used by the creditor for sending periodic billing statements.   [PL 1973, c. 762, §1 (NEW).] SECTION HISTORY PL 1973, c. 762, §1 (NEW). PL 1975, c. 178 (AMD). PL 1983, c. 212, §§6,7 (AMD). PL 1983, c. 720, §§11-13 (AMD). PL 1999, c. 150, §2 (AMD). PL 2011, c. 427, Pt. A, §9 (AMD).
9-A ME Rev Stat § 3-205 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 2: DISCLOSURE|9-A §3-205. Receipts; statements of account; evidence of payment

 §3-205. Receipts; statements of account; evidence of payment 1.  The creditor shall give or send to the consumer, without request, a written receipt for each payment by coin or currency on an obligation pursuant to a consumer credit transaction. A seller, but not an assignee, shall send, without request, a written receipt for each payment by money order on an obligation pursuant to a consumer credit sale. Sending to the customer a periodic statement showing a payment received by mail complies with this subsection, if it is sent to the debtor within 45 days after receipt of the payment.   [PL 1973, c. 762, §1 (NEW).] 2.  Upon written request of the consumer, the person to whom an obligation is owed pursuant to a consumer credit transaction, other than one pursuant to open end credit, shall provide a written statement of the dates and amounts of payments made within the past 15 months and the total amount unpaid. The statement shall be provided without charge once during each year of the term of the obligation. If additional statements are requested, the creditor may charge not in excess of $1 for each additional statement.   [PL 1973, c. 762, §1 (NEW).] 3.  Within 30 days after the consumer has fulfilled all obligations with respect to a consumer credit transaction, other than one pursuant to open end credit, the person to whom the obligation was owed shall give or send to the consumer written evidence acknowledging payment in full of all obligations with respect to the transaction.   [PL 1973, c. 762, §1 (NEW).] SECTION HISTORY PL 1973, c. 762, §1 (NEW).
9-A ME Rev Stat § 3-301 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-301. Security in sales or leases

 §3-301. Security in sales or leases 1.  With respect to a consumer credit sale, a seller may take a security interest in the property sold. In addition, a seller may take a security interest in goods upon which services are performed or in which goods sold are installed or to which they are annexed, or in land to which the goods are affixed or which is maintained, repaired or improved as a result of the sale of the goods or services, if in the case of a security interest in land the debt secured is $2,800 or more, or, in the case of a security interest in goods, the debt secured is $1,000 or more. Except as provided with respect to cross-collateral, section 3‑302, a seller may not otherwise take a security interest in property of the buyer to secure the debt arising from a consumer credit sale.   [PL 1997, c. 727, Pt. B, §13 (AMD).] 2.  With respect to a consumer lease, a lessor may not take a security interest in property of the lessee to secure the debt arising from the lease.   [PL 1981, c. 243, §§16 and 26 (AMD).] 3.  A security interest taken in violation of this section is void.   [PL 1973, c. 762, §1 (NEW).] 4.   [PL 1997, c. 727, Pt. B, §14 (RP).] SECTION HISTORY PL 1973, c. 762, §1 (NEW). PL 1981, c. 243, §§15,16,26 (AMD). PL 1981, c. 551, §3 (AMD). PL 1985, c. 316, §2 (AMD). PL 1985, c. 763, §§A36,37 (AMD). PL 1997, c. 727, §§B13,14 (AMD).
9-A ME Rev Stat § 3-302 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-302. Cross-collateral

 §3-302. Cross-collateral 1.  In addition to contracting for a security interest pursuant to the provisions on security in sales or leases, section 3‑301, a seller in a consumer credit sale may secure the debt arising from the sale by contracting for a security interest in other property if as a result of a prior sale the seller has an existing security interest in the other property. The seller may also contract for a security interest in the property sold in the subsequent sale as security for the previous debt.   [PL 1973, c. 762, §1 (NEW).] 2.  If the seller contracts for a security interest in other property pursuant to this section, the rate of finance charge thereafter on the aggregate unpaid balances so secured may not exceed that permitted if the balances so secured were consolidated pursuant to the provisions on consolidation involving a refinancing, section 2-505, subsection 1. The seller has a reasonable time after so contracting to make any adjustments required by this section. "Seller" in this section does not include an assignee not related to the original seller.   [PL 1987, c. 129, §60 (AMD).] SECTION HISTORY PL 1973, c. 762, §1 (NEW). PL 1987, c. 129, §60 (AMD).
9-A ME Rev Stat § 3-303 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-303. Debt secured by cross-collateral

 §3-303. Debt secured by cross-collateral 1.  If debts arising from 2 or more consumer credit sales, other than sales pursuant to open-end credit, are secured by cross-collateral, section 3‑302 or consolidated into one debt payable on a single schedule of payments, and the debt is secured by security interests taken with respect to one or more of the sales, payments received by the seller after the taking of the cross-collateral or the consolidation are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been first applied to the payment of the debts arising from the sales first made. To the extent debts are paid according to this section, security interests in items of property terminate as the debts originally incurred with respect to each item is paid.   [PL 1981, c. 243, §17 (AMD).] 2.  Payments received by the seller upon an open-end credit account are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been applied first to the payment of finance charges in the order of their entry to the account and then to the payment of debts in the order in which the entries to the account showing the debts were made.   [PL 1973, c. 762, §1 (NEW).] 3.  If the debts consolidated arose from two or more sales made on the same day, payments received by the seller are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been applied first to the payment of the smallest debt.     [PL 1973, c. 762, §1 (NEW).] SECTION HISTORY PL 1973, c. 762, §1 (NEW). PL 1981, c. 243, §17 (AMD). PL 1981, c. 243, §§17,26 (AMD). PL 1981, c. 551, §3 (AMD).
9-A ME Rev Stat § 3-304 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-304. Use of multiple agreements

 §3-304. Use of multiple agreements 1.  A creditor may not use multiple agreements with intent to obtain a higher finance charge than would otherwise be permitted by the provisions of the Article on Finance Charges and Related Provisions, Article II.   [PL 1973, c. 762, §1 (NEW).] 2.  With respect to a supervised loan, a lender uses multiple agreements if, with intent to obtain a higher finance charge than would otherwise be permitted, he allows any person, or husband and wife, to become obligated in any way under more than one loan agreement with the lender or with a person related to the lender.   [PL 1973, c. 762, §1 (NEW).] 3.  The intent necessary, under subsections 1 and 2, shall be rebuttably presumed in any transaction in which a creditor who is required to disclose an annual percentage rate which is greater than 18% per year in a significant portion of its consumer credit transactions uses multiple agreements with the result of obtaining a higher credit service charge than would otherwise be permitted by this Article.   [PL 1973, c. 762, §1 (NEW).] 4.  The excess amount of finance charge provided for in this section is an excess charge for the purposes of the provisions on rights of parties, section 5‑201, and the provisions on civil actions by administrator, section 6‑113.   [PL 1973, c. 762, §1 (NEW).] SECTION HISTORY PL 1973, c. 762, §1 (NEW).
9-A ME Rev Stat § 3-305 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-305. No assignment of earnings

 §3-305. No assignment of earnings 1.  A creditor may not take an assignment of earnings of the consumer for payment or as security for payment of a debt arising out of a consumer credit transaction. An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the consumer. This section does not prohibit an employee from authorizing deductions from his earnings if the authorization is revocable at will.   [PL 1973, c. 762, §1 (NEW).] 2.  A sale of unpaid earnings made in consideration of the payment of money to or for the account of the seller of the earnings is deemed to be a loan to him secured by an assignment of earnings.   [PL 1973, c. 762, §1 (NEW).] SECTION HISTORY PL 1973, c. 762, §1 (NEW).
9-A ME Rev Stat § 3-306 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-306. Authorization to confess judgment prohibited

 §3-306. Authorization to confess judgment prohibited No agreement for a consumer credit transaction may contain an authorization for any person to confess judgment on any claim. No seller or lessor may take such an authorization. Any such authorization is void.   [PL 1973, c. 762, §1 (NEW).]SECTION HISTORY PL 1973, c. 762, §1 (NEW).
9-A ME Rev Stat § 3-307 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-307. Certain negotiable instruments prohibited

 §3-307. Certain negotiable instruments prohibited With respect to a consumer credit sale or consumer lease, the creditor may not take a negotiable instrument, other than a currently dated check or a draft payable within 7 days of such sale or lease.   [PL 1981, c. 243, §18 (AMD).]SECTION HISTORY PL 1973, c. 762, §1 (NEW). PL 1981, c. 243, §§18,26 (AMD). PL 1981, c. 551, §3 (AMD).
9-A ME Rev Stat § 3-309 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-309. Referral sales

 §3-309. Referral sales With respect to a consumer credit sale or consumer lease, the seller or lessor may not give or offer to give a rebate or discount or otherwise pay or offer to pay value to the buyer or lessee as an inducement for a sale or lease in consideration of his giving to the seller or lessor the names of prospective purchasers or lessees, or otherwise aiding the seller or lessor in making a sale or lease to another person, if the earning of the rebate, discount or other value is contingent upon the occurrence of an event subsequent to the time the buyer or lessee agrees to buy or lease. An agreement containing a violation of this section is unenforceable by the seller or lessor; and the buyer or lessee, at his option, may rescind the agreement or retain the goods delivered and the benefit of any services performed, without any obligation to pay for them.   [PL 1973, c. 762, §1 (NEW).]SECTION HISTORY PL 1973, c. 762, §1 (NEW).
9-A ME Rev Stat § 3-310 (2021)
2021 Maine Revised Statutes|TITLE 9-A: MAINE CONSUMER CREDIT CODE|Article 3: REGULATION OF AGREEMENTS AND PRACTICES|Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES|9-A §3-310. Variable rate transactions

 §3-310. Variable rate transactions 1.  In connection with a consumer credit transaction in which the interest rate may vary during the term of the transaction, the creditor shall make disclosures in accordance with section 8‑504.   A. [PL 2013, c. 464, §1 (RP).] B. [PL 2013, c. 464, §1 (RP).] C. [PL 2013, c. 464, §1 (RP).] D. [PL 2013, c. 464, §1 (RP).] E. [PL 1989, c. 457, §§3, 9 (RP); PL 1989, c. 600, Pt. B, §§7, 8 (AFF).] F. [PL 1989, c. 457, §§3, 9 (RP); PL 1989, c. 600, Pt. B, §§7, 8 (AFF).] G. [PL 1989, c. 457, §§3, 9 (RP); PL 1989, c. 600, Pt. B, §§7, 8 (AFF).] H. [PL 1989, c. 457, §§3, 9 (RP); PL 1989, c. 600, Pt. B, §§7, 8 (AFF).] [PL 2013, c. 464, §1 (AMD).] 1-A.  In connection with a consumer credit transaction in which the interest rate may vary during the term of the transaction, the creditor may only use an index or other method that is beyond its control for determining any increase or decrease in the interest rate.   [PL 1989, c. 457, §§4, 9 (AMD); PL 1989, c. 600, Pt. B, §§7, 8 (AFF).] 2.  A variation in the interest rate in accordance with the disclosures required by subsection 1 shall not be considered a refinancing under section 2‑504 or a change in terms under section 3‑204.   [PL 1989, c. 457, §§5, 9 (AMD); PL 1989, c. 600, Pt. B, §§7, 8 (AFF).] 3.  A variation in the interest rate not in accordance with the disclosures of limits on interest rate changes and examples of the effects of a change made in accordance with subsection 1, shall be considered a charge in excess of that allowed by this Code under section 5‑201, subsections 3 and 4.   [PL 1989, c. 457, §§6, 9 (AMD); PL 1989, c. 600, Pt. B, §§7, 8 (AFF).] 4.  Subsection 1‑A does not apply to a consumer loan secured by a savings or time deposit if the difference between the rate of interest on the savings or time deposit and the interest rate on the loan at no time exceeds the difference between the 2 when the loan was made.   [PL 1989, c. 457, §§7, 9 (AMD); PL 1989, c. 600, Pt. B, §§7, 8 (AFF).] 5.   [PL 1987, c. 396, §9 (RP).] 6.   [PL 1987, c. 396, §10 (RP).] SECTION HISTORY PL 1981, c. 138 (NEW). PL 1981, c. 579 (AMD). PL 1983, c. 212, §8 (AMD). PL 1983, c. 720, §§14-20 (AMD). PL 1985, c. 336, §§5, 6 (AMD). PL 1985, c. 763, §A38 (AMD). PL 1987, c. 129, §61 (AMD). PL 1987, c. 396, §§9, 10 (AMD). PL 1989, c. 457, §§3-7, 9 (AMD). PL 1989, c. 600, §§B7, 8 (AFF). PL 1999, c. 150, §3 (AMD). PL 2011, c. 427, Pt. A, §10 (AMD). PL 2013, c. 464, §1 (AMD).