2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 11: RENTAL-PURCHASE PRACTICES › 9-A §11-106. Inapplicability of other laws; exempt transactions

§11-106. Inapplicability of other laws; exempt transactions
1.
A rental-purchase agreement that complies with this Article is not considered or governed by the laws related to:
A. A "home solicitation sale" as defined in section 3‑501;   [PL 1991, c. 787 (NEW).]
B. A "consumer credit sale" as defined in section 1‑301, subsection 11; except that the following sections of the Maine Consumer Credit Code apply: section 1‑107, waiver, agreement to forego rights, settlement of claims; section 1‑111, record retention; section 1‑201, territorial application; section 1‑202, exclusions; section 1‑203, jurisdiction and service of process; section 2‑507, attorney's fees and collection costs; section 3‑202, notice to consumer; section 3‑203, notice of assignment; section 3‑305, no assignment of earnings; section 3‑306, authorization to confess judgment prohibited; section 3‑307, certain negotiable instruments prohibited; section 3‑309, referral sales; section 3‑403, assignee subject to defenses; section 5‑104, no garnishment before judgment; section 5‑105, limitation on garnishment; section 5‑106, no discharge from employment for garnishment; section 5‑112, creditor's right to take possession after default; section 5‑113, venue; section 5‑114, stay of enforcement of judgment; section 5‑115, misrepresentation; section 5‑116, illegal, fraudulent or unconscionable conduct in attempted collection of debts; section 5‑117, prohibited practices; section 5‑201, effect of violations on rights of parties; section 5‑202, refunds and penalties as setoff to obligation; section 5‑301, violations; Article VI in its entirety, except that the term "original unpaid balances arising from consumer credit transactions" described in section 6‑203, subsection 2 means "gross rental receipts from rental-purchase agreements" for purposes of administration of this Article; Article 8‑A requirements related to model forms; and Federal Truth in Lending Act, 15 United States Code, Section 1666a requirements related to credit reports;   [PL 2011, c. 427, Pt. D, §15 (AMD).]
C. A "consumer lease" as defined in section 1‑301, subsection 13;   [PL 1991, c. 787 (NEW).]
D. A "sale of goods" as defined in section 1‑301, subsection 33; or   [PL 1991, c. 787 (NEW).]
E. A "security interest" as defined in Title 11, section 1‑1201, subsection (35).   [PL 2021, c. 676, Pt. A, §11 (AMD).]
[PL 2021, c. 676, Pt. A, §11 (AMD).]
2.
This Article does not apply to:
A. A rental-purchase agreement made primarily for business, commercial or agricultural purposes or made with a governmental agency or instrumentality;   [PL 1991, c. 787 (NEW).]
B. A lease of a safe-deposit box;   [PL 1991, c. 787 (NEW).]
C. A lease or bailment of personal property that is incidental to the lease of real property and does not provide the consumer with an option to purchase the leased property;   [PL 1991, c. 787 (NEW).]
D. A lease of an automobile; or   [PL 1991, c. 787 (NEW).]
E. A lease of real estate.   [PL 1991, c. 787 (NEW).]
[PL 1991, c. 787 (NEW).]
SECTION HISTORY
PL 1991, c. 787 (NEW). PL 2011, c. 427, Pt. D, §15 (AMD). PL 2021, c. 676, Pt. A, §11 (AMD).