reglab/statecodes huggingface dataset:
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-108. Application to Federal Reserve Board (REPEALED)

§7-108. Application to Federal Reserve Board
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-109. Views of other agencies (REPEALED)

§7-109. Views of other agencies
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-110. Effect on other laws (REPEALED)

§7-110. Effect on other laws
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-111. Criminal liability for willful and knowing violation (REPEALED)

§7-111. Criminal liability for willful and knowing violation
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-112. Penalties inapplicable to governmental agencies (REPEALED)

§7-112. Penalties inapplicable to governmental agencies
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-112-A. Liability of assignees (REPEALED)

§7-112-A. Liability of assignees
(REPEALED)
SECTION HISTORY
PL 1975, c. 567, §1 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-113. Reports by administrator (REPEALED)

§7-113. Reports by administrator
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-114. General requirement of disclosure (REPEALED)

§7-114. General requirement of disclosure
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-115. Form of disclosure; additional information (REPEALED)

§7-115. Form of disclosure; additional information
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-116. Effect of subsequent occurrence (REPEALED)

§7-116. Effect of subsequent occurrence
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-117. Right of rescission as to certain transactions (REPEALED)

§7-117. Right of rescission as to certain transactions
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1975, c. 567, §§2,3 (AMD). PL 1975, c. 662 (AMD). PL 1975, c. 770, §50 (AMD). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-118. Content of periodic statements (REPEALED)

§7-118. Content of periodic statements
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-119. Open-end consumer credit plans (REPEALED)

§7-119. Open-end consumer credit plans
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1975, c. 567, §§4-6 (AMD). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-120. Sales not under open end credit plans (REPEALED)

§7-120. Sales not under open end credit plans
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-121. Consumer loans not under open-end credit plans (REPEALED)

§7-121. Consumer loans not under open-end credit plans
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-122. Civil liability (REPEALED)

§7-122. Civil liability
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-123. Written acknowledgement as proof of receipt (REPEALED)

§7-123. Written acknowledgement as proof of receipt
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-124. Conformity with federal law (REPEALED)

§7-124. Conformity with federal law
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1977, c. 564, §47 (AMD). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-125. Exemption from Federal Truth-in-lending Act (REPEALED)

§7-125. Exemption from Federal Truth-in-lending Act
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-126. Issuance of credit cards (REPEALED)

§7-126. Issuance of credit cards
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §24 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 7: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §7-127. Liability of holder of credit card (REPEALED)

§7-127. Liability of holder of credit card
(REPEALED)
SECTION HISTORY
PL 1975, c. 446, §2 (NEW). PL 1981, c. 243, §§24,26 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-101. Short title (REPEALED)

§8-101. Short title
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-102. Findings and declaration of purpose (REPEALED)

§8-102. Findings and declaration of purpose
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-103. Definitions and rules of construction (REPEALED)

§8-103. Definitions and rules of construction
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1991, c. 330, §1 (AMD). PL 1995, c. 326, §§2,3 (AMD). PL 2003, c. 49, §1 (AMD). PL 2007, c. 273, Pt. A, §§3, 4 (AMD). PL 2007, c. 273, Pt. A, §§37, 41 (AFF). PL 2007, c. 466, Pt. B, §6 (AMD). PL 2007, c. 466, Pt. B, §10 (AFF). PL 2007, c. 471, §§2-7 (AMD). PL 2007, c. 471, §18 (AFF). PL 2009, c. 362, Pt. A, §§1-6 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-104. Regulations; model forms (REPEALED)

§8-104. Regulations; model forms
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1989, c. 502, §§D4,D5 (AMD). PL 1997, c. 155, §C2 (AMD). PL 2007, c. 273, Pt. C, §3 (AMD). PL 2007, c. 471, §8 (AMD). PL 2007, c. 471, §18 (AFF). PL 2009, c. 362, Pt. A, §7 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-105. Determination of finance charge (REPEALED)

§8-105. Determination of finance charge
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1987, c. 129, §§71,72 (AMD). PL 1995, c. 329, §2 (AMD). PL 1995, c. 614, §§A6-9,B1-3 (AMD). PL 1995, c. 614, §B4 (AFF). PL 2007, c. 273, Pt. C, §4 (AMD). PL 2009, c. 362, Pt. C, §2 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-106. Determination of annual percentage rate (REPEALED)

§8-106. Determination of annual percentage rate
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1991, c. 330, §2 (AMD). PL 2009, c. 248, §1 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-106-A. Number of percentage points (REPEALED)

§8-106-A. Number of percentage points
(REPEALED)
SECTION HISTORY
PL 1995, c. 326, §4 (NEW). PL 2007, c. 273, Pt. C, §5 (AMD). PL 2007, c. 471, §§9, 10 (AMD). PL 2007, c. 471, §18 (AFF). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-107. Exemption (REPEALED)

§8-107. Exemption
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-108. Enforcement (REPEALED)

§8-108. Enforcement
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §25 (NEW). PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1997, c. 155, §C3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-109. Criminal liability for willful and knowing violation (REPEALED)

§8-109. Criminal liability for willful and knowing violation
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 1: GENERAL PROVISIONS › 9-A §8-110. Penalties inapplicable to governmental agencies (REPEALED)

§8-110. Penalties inapplicable to governmental agencies
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-201. General requirement of disclosure (REPEALED)

§8-201. General requirement of disclosure
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1987, c. 129, §73 (AMD). PL 1995, c. 614, §A10 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-202. Form of disclosure; additional information; tabular format required for certain credit and charge card disclosures (REPEALED)

§8-202. Form of disclosure; additional information; tabular format required for certain credit and charge card disclosures
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1989, c. 472, §1 (AMD). PL 1989, c. 472, §1 (NEW). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-203. Effect of subsequent occurrence (REPEALED)

§8-203. Effect of subsequent occurrence
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-204. Right of rescission as to certain transactions (REPEALED)

§8-204. Right of rescission as to certain transactions
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1981, c. 698, §20 (AMD). PL 1983, c. 720, §22 (AMD). PL 1987, c. 129, §74 (AMD). PL 1995, c. 614, §A11 (AMD). PL 2007, c. 273, Pt. C, §6 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-205. Open-end consumer credit plans (REPEALED)

§8-205. Open-end consumer credit plans
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1989, c. 472, §2 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206. Consumer credit not under open-end credit plans (REPEALED)

§8-206. Consumer credit not under open-end credit plans
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1997, c. 155, §§C4, 5 (AMD). PL 2007, c. 273, Pt. A, §5 (AMD). PL 2007, c. 273, Pt. A, §41 (AFF). PL 2009, c. 362, Pt. A, §8 (AMD). PL 2009, c. 362, Pt. A, §16 (AFF). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-A. High-rate, high-fee mortgages (REPEALED)

§8-206-A. High-rate, high-fee mortgages
(REPEALED)
SECTION HISTORY
PL 1995, c. 326, §5 (NEW). PL 2003, c. 49, §§2-6 (AMD). PL 2007, c. 273, Pt. A, §§6-18 (AMD). PL 2007, c. 273, Pt. A, §§37, 41 (AFF). PL 2007, c. 273, Pt. B, §5 (REV). PL 2007, c. 273, Pt. B, §7 (AFF). PL 2007, c. 273, Pt. C, §7 (AMD). PL 2007, c. 695, Pt. A, §47 (AFF). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-B. Reverse mortgages (REPEALED)

§8-206-B. Reverse mortgages
(REPEALED)
SECTION HISTORY
PL 1995, c. 326, §5 (NEW). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-C. High-rate, high-fee mortgages; additional requirements (REPEALED)

§8-206-C. High-rate, high-fee mortgages; additional requirements
(REPEALED)
SECTION HISTORY
RR 2007, c. 1, §4 (COR). PL 2007, c. 273, Pt. A, §19 (NEW). PL 2007, c. 273, Pt. A, §§37,41 (AFF). PL 2009, c. 362, Pt. A, §9 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-D. Residential mortgage loan requirements (REPEALED)

§8-206-D. Residential mortgage loan requirements
(REPEALED)
SECTION HISTORY
PL 2007, c. 273, Pt. A, §20 (NEW). PL 2007, c. 273, Pt. A, §§37, 41 (AFF). PL 2007, c. 471, §§11, 12 (AMD). PL 2007, c. 471, §18 (AFF). PL 2009, c. 362, Pt. A, §10 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-E. Special liability for violations of residential mortgage loan, higher-priced mortgage loan and high-rate, high-fee mortgage loan requirements (REPEALED)

§8-206-E. Special liability for violations of residential mortgage loan, higher-priced mortgage loan and high-rate, high-fee mortgage loan requirements
(REPEALED)
SECTION HISTORY
RR 2007, c. 1, §5 (COR). PL 2007, c. 273, Pt. A, §21 (NEW). PL 2007, c. 273, Pt. A, §§37, 41 (AFF). PL 2009, c. 362, Pt. A, §11 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-F. Investigative and legal compliance personnel (REPEALED)

§8-206-F. Investigative and legal compliance personnel
(REPEALED)
SECTION HISTORY
PL 2007, c. 273, Pt. A, §22 (NEW). PL 2007, c. 273, Pt. A, §41 (AFF). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-G. Annual report to Legislature (REPEALED)

§8-206-G. Annual report to Legislature
(REPEALED)
SECTION HISTORY
PL 2007, c. 273, Pt. A, §23 (NEW). PL 2007, c. 273, Pt. A, §41 (AFF). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-H. High-rate, high-fee mortgages (REPEALED)

§8-206-H. High-rate, high-fee mortgages
(REPEALED)
SECTION HISTORY
PL 2009, c. 362, Pt. A, §12 (NEW). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-I. Higher-priced mortgage loans (REPEALED)

§8-206-I. Higher-priced mortgage loans
(REPEALED)
SECTION HISTORY
PL 2009, c. 362, Pt. A, §13 (NEW). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-206-J. Residential mortgage loan requirements (REPEALED)

§8-206-J. Residential mortgage loan requirements
(REPEALED)
SECTION HISTORY
PL 2009, c. 362, Pt. A, §14 (NEW). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-207. Consumer lease disclosures (REPEALED)

§8-207. Consumer lease disclosures
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1987, c. 321, §§1-3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-208. Civil liability (REPEALED)

§8-208. Civil liability
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1981, c. 698, §§21-23 (AMD). PL 1983, c. 720, §23 (AMD). PL 1989, c. 472, §§3,4 (AMD). RR 1995, c. 2, §18 (COR). PL 1995, c. 614, §§A12,C1 (AMD). PL 2007, c. 471, §13 (AMD). PL 2007, c. 471, §18 (AFF). PL 2009, c. 362, Pt. A, §15 (AMD). PL 2009, c. 362, Pt. A, §16 (AFF). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-208-A. Certain limitations on liability (REPEALED)

§8-208-A. Certain limitations on liability
(REPEALED)
SECTION HISTORY
PL 1995, c. 614, §A13 (NEW). PL 1995, c. 614, Pt. A, §13 (NEW). PL 1997, c. 155, §C6 (AMD). PL 1997, c. 155, Pt. C, §6 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 2: DISCLOSURE REQUIREMENTS › 9-A §8-209. Liability of assignees (REPEALED)

§8-209. Liability of assignees
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1987, c. 129, §75 (AMD). PL 1995, c. 614, §A14 (AMD). PL 2007, c. 273, Pt. C, §§8, 9 (AMD). PL 2007, c. 471, §§14-17 (AMD). PL 2007, c. 471, §18 (AFF). PL 2009, c. 362, Pt. C, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 3: CREDIT CARD RESTRICTIONS › 9-A §8-301. Issuance of credit cards (REPEALED)

§8-301. Issuance of credit cards
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 3: CREDIT CARD RESTRICTIONS › 9-A §8-302. Liability of holder of credit card (REPEALED)

§8-302. Liability of holder of credit card
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 3: CREDIT CARD RESTRICTIONS › 9-A §8-303. Credit card restrictions (REPEALED)

§8-303. Credit card restrictions
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 1991, c. 212 (AMD). PL 1991, c. 755, §1 (AMD). PL 1995, c. 614, §A15 (AMD). PL 1997, c. 660, §D1 (AMD). PL 2009, c. 113, §1 (AMD). PL 2009, c. 571, Pt. LLL, §1 (AMD). PL 2009, c. 618, §2 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 3: CREDIT CARD RESTRICTIONS › 9-A §8-304. Disclosure of lists of the names, addresses and account numbers of credit card holders (REPEALED)

§8-304. Disclosure of lists of the names, addresses and account numbers of credit card holders
(REPEALED)
SECTION HISTORY
RR 1993, c. 1, §22 (COR). PL 1993, c. 86, §1 (NEW). PL 1993, c. 135, §1 (NEW). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 3: CREDIT CARD RESTRICTIONS › 9-A §8-305. Recurring charges to credit or charge cards (REPEALED)

§8-305. Recurring charges to credit or charge cards
(REPEALED)
SECTION HISTORY
RR 1993, c. 1, §22 (RNU). PL 1993, c. 135, §1 (NEW). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 4: FAIR CREDIT BILLING › 9-A §8-401. Correction of billing errors (REPEALED)

§8-401. Correction of billing errors
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 4: FAIR CREDIT BILLING › 9-A §8-402. Regulation of credit reports (REPEALED)

§8-402. Regulation of credit reports
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 4: FAIR CREDIT BILLING › 9-A §8-403. Treatment of credit balances; returns (REPEALED)

§8-403. Treatment of credit balances; returns
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8: TRUTH-IN-LENDING (REPEALED) › Part 4: FAIR CREDIT BILLING › 9-A §8-404. Prompt crediting of payments (REPEALED)

§8-404. Prompt crediting of payments
(REPEALED)
SECTION HISTORY
PL 1981, c. 243, §§25,26 (NEW). PL 1981, c. 551, §3 (AMD). PL 2011, c. 427, Pt. A, §14 (RP).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-501. Short title

§8-501. Short title
This Article may be known and cited as the "Maine Consumer Credit Code - Truth-in-Lending."   [PL 2011, c. 427, Pt. A, §15 (NEW).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-502. Findings and declaration of purpose

§8-502. Findings and declaration of purpose
The Legislature finds that economic stabilization would be enhanced and the competition among the various financial institutions and other firms engaged in the extension of consumer credit would be strengthened by the informed use of credit. The informed use of credit results from an awareness of the cost thereof by consumers. It is the purpose of this Article to ensure a meaningful disclosure of credit terms so that the consumer will be able to compare more readily the various credit terms available to the consumer and avoid the uninformed use of credit and to protect the consumer against inaccurate and unfair credit billing and credit card practices.   [PL 2011, c. 427, Pt. A, §15 (NEW).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-503. Conformity with federal law

§8-503. Conformity with federal law
Unless the context otherwise indicates, any word or phrase that is not defined in this Article but that is defined in the Federal Truth in Lending Act, Title I of the federal Consumer Credit Protection Act, 15 United States Code, Section 1601 et seq. or its implementing regulation, Regulation Z, 12 Code of Federal Regulations, Section 1026.1 et seq., has the meaning set forth in the Federal Truth in Lending Act and its implementing regulations.   [PL 2013, c. 464, §3 (AMD).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW). PL 2013, c. 464, §3 (AMD).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-504. Maine Consumer Credit Code - Truth-in-Lending

§8-504. Maine Consumer Credit Code - Truth-in-Lending
1.  Compliance with Federal Truth in Lending Act.
Notwithstanding any other law, a creditor shall comply with the Federal Truth in Lending Act, Title I of the federal Consumer Credit Protection Act, 15 United States Code, Section 1601 et seq. and its implementing regulations, Regulation Z, 12 Code of Federal Regulations, Section 1026.1 et seq. and Regulation M, 12 Code of Federal Regulations, Section 1013.1 et seq.
[PL 2013, c. 464, §4 (AMD).]
2.  Rule-making authority.
Consistent with the purposes of Title X and Title XIV of the federal Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203 and with the purposes set forth in sections 1‑102 and 8‑502 and notwithstanding other law, the administrator may adopt rules substantially similar to or that afford more protection for consumers than those codified in 12 Code of Federal Regulations, Part 1026 and 12 Code of Federal Regulations, Part 1013. Rules adopted pursuant to this subsection are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A. In adopting rules pursuant to this subsection, the administrator shall specifically consider whether there is a substantial impact on consumer protection before adopting rules affecting the following provisions of section 8‑506:
A. The rate thresholds pertaining to high-cost mortgage loans in section 8‑506, subsection 1, paragraph H;   [PL 2011, c. 427, Pt. A, §15 (NEW).]
B. The prepayment penalties for high-cost mortgage loans in section 8‑506, subsection 2, paragraph D;   [PL 2011, c. 427, Pt. A, §15 (NEW).]
C. The assignee liability for high-cost mortgage loans in section 8‑506, subsection 3;   [PL 2011, c. 427, Pt. A, §15 (NEW).]
D. The ability to repay in section 8‑506, subsection 4;   [PL 2011, c. 427, Pt. A, §15 (NEW).]
E. The prohibition against flipping and the principles of tangible net benefit in section 8‑506, subsection 5; and   [PL 2013, c. 464, §4 (AMD).]
F. The enhanced penalties for violations in section 8‑506, subsection 6.   [PL 2011, c. 427, Pt. A, §15 (NEW).]
The rules may contain classifications, differentiations or other provisions and may provide for adjustments and exceptions for any class of transactions subject to this Title that in the judgment of the administrator are necessary or proper to effectuate the purposes of this Title, or to prevent circumvention or evasion of or to facilitate compliance with, the provisions of this Title.
[PL 2013, c. 464, §4 (AMD).]
3.  Compliance with rules prior to effective date.
A creditor may comply with any rules adopted by the administrator pursuant to subsection 2 prior to the effective date of those rules.
[PL 2011, c. 427, Pt. A, §15 (NEW).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW). PL 2013, c. 464, §4 (AMD).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-507. Exemption from the Federal Truth in Lending Act

§8-507. Exemption from the Federal Truth in Lending Act
1.  Preservation of federal exemption.
As required by the Federal Truth in Lending Act, 15 United States Code, Section 1633 and its implementing regulation, Regulation Z, 12 Code of Federal Regulations, Section 1026.29, the administrator may take any action necessary to apply for or to preserve a determination by the federal Consumer Financial Protection Bureau or its successor agency that under the laws of this State any class of credit transactions within this State is subject to requirements substantially similar to federal requirements and that there are adequate provisions for enforcement of such requirements.
[PL 2013, c. 464, §10 (AMD).]
2.  Application.
This Article does not apply to any class of credit transactions within this State that is subject to the requirements of the Federal Truth in Lending Act, Title I of the federal Consumer Credit Protection Act unless any such class of transactions has first been exempted by a regulation of the federal Consumer Financial Protection Bureau and that exemption remains in effect.
[PL 2013, c. 464, §10 (AMD).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW). PL 2013, c. 464, §10 (AMD).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-508. Authority of administrator

§8-508. Authority of administrator
The administrator, by rule or order, shall prohibit acts or practices in connection with:   [PL 2011, c. 427, Pt. A, §15 (NEW).]
1.  Unfair or deceptive mortgage loans.
The making of a residential mortgage loan that the administrator finds unfair, deceptive or designed to evade the provisions of section 8‑506; and
[PL 2011, c. 427, Pt. A, §15 (NEW).]
2.  Refinancing; abusive lending practices.
The refinancing of a residential mortgage loan that the administrator finds is associated with abusive lending practices or that is otherwise not in the interest of the borrowing public.
[PL 2011, c. 427, Pt. A, §15 (NEW).]
Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A.   [PL 2011, c. 427, Pt. A, §15 (NEW).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-509. Credit card and debit card surcharge prohibition

§8-509. Credit card and debit card surcharge prohibition
1.  Surcharge prohibited.
A seller in a sales transaction may not impose a surcharge on a cardholder who elects to use a credit card or debit card in lieu of payment by cash, check or similar means. For purposes of this section, "surcharge" means any means of increasing the regular price to a cardholder that is not imposed on a customer paying by cash, check or similar means. A discount or reduction from the regular price is not a surcharge.
[PL 2011, c. 427, Pt. A, §15 (NEW).]
2.  Surcharge permitted for governmental entity.
Notwithstanding subsection 1, a governmental entity may impose a surcharge for payments made with a credit card or debit card for taxes, fines, charges, utility fees, regulatory fees, registration fees, license or permit fees or the provision of a specific service or good provided by that governmental entity if the surcharge:
A. Is disclosed clearly to the consumer prior to payment; and   [PL 2011, c. 427, Pt. A, §15 (NEW).]
B. Does not exceed the costs associated with providing the credit card or debit card service that are directly incurred by the governmental entity or assessed by an authorized 3rd-party payment service provider for a credit card or debit card transaction. If there is not a cost assessed by an authorized 3rd-party payment service provider for a debit card transaction, the governmental entity may not impose a surcharge associated with a debit card transaction.   [PL 2011, c. 427, Pt. A, §15 (NEW).]
A governmental entity shall disclose to the consumer that the surcharge may be avoided if the consumer makes payments by cash, check or other means not a credit card or debit card. A governmental entity is not subject to any liability to the issuer of a credit card or an authorized 3rd-party payment service provider for nonpayment of credit card charges by the consumer. As used in this subsection, "governmental entity" includes, but is not limited to, a state department or agency, a county established or governed by Title 30‑A, Part 1, a municipality as defined in Title 30‑A, section 2001, subsection 8, a plantation established or governed by Title 30‑A, chapter 301, a quasi-municipal corporation as defined in Title 30‑A, section 2604, subsection 3, the Judicial Department as described in Title 4, the University of Maine System, the Maine Community College System and the Maine Maritime Academy.
[PL 2021, c. 150, §2 (AMD).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW). PL 2021, c. 150, §2 (AMD).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-510. Disclosure of lists of the names, addresses and account numbers of credit card holders

§8-510. Disclosure of lists of the names, addresses and account numbers of credit card holders
1.  Disclosure prohibited.
Except as provided in subsection 2, it is unlawful for a person, business, corporation, partnership, agency, financial institution, credit card registration service or other entity to rent, sell, exchange or otherwise disclose or make available to another person or entity a list containing the names, addresses and account numbers of credit card holders without the express, written permission of the credit card holders.
[PL 2011, c. 427, Pt. A, §15 (NEW).]
2.  Exceptions.
The following disclosures of lists containing the names, addresses and account numbers of credit card holders are not prohibited:
A. Disclosure to or from a consumer reporting agency, as defined in Title 10, section 1308, subsection 3, as long as the transfer is for purposes of compliance with and in a manner consistent with the terms of the Fair Credit Reporting Act;   [PL 2013, c. 588, Pt. C, §1 (AMD).]
B. Disclosure between a parent corporation and a subsidiary or affiliate of that corporation or between subsidiaries or affiliates of a parent corporation;   [PL 2011, c. 427, Pt. A, §15 (NEW).]
C. Disclosure in connection with the sale or pledge, or negotiation of the sale or pledge, of any portion of a business or the assets of a business, as long as the party to whom disclosure is made maintains the confidentiality of the information disclosed;   [PL 2011, c. 427, Pt. A, §15 (NEW).]
D. Disclosure in connection with authorization, processing, billing, collection, charge-back, fraud prevention or credit card recovery; and   [PL 2011, c. 427, Pt. A, §15 (NEW).]
E. Disclosure pursuant to state or federal law or at the direction of a governmental entity pursuant to law or in response to a court order.   [PL 2011, c. 427, Pt. A, §15 (NEW).]
[PL 2013, c. 588, Pt. C, §1 (AMD).]
3.  Violation.
A violation of this section constitutes a violation of the Maine Consumer Credit Code and the Maine Unfair Trade Practices Act.
[PL 2011, c. 427, Pt. A, §15 (NEW).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW). PL 2013, c. 588, Pt. C, §1 (AMD).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 8-A: MAINE TRUTH-IN-LENDING › 9-A §8-511. Recurring charges to credit card or charge card accounts

§8-511. Recurring charges to credit card or charge card accounts
If a sale of goods, services or insurance is charged to a credit card or charge card account on an annual basis without substantially contemporaneous authorizations by the consumer, the seller shall inform the consumer of the voluntary nature of the charge to the credit card or charge card account and of the steps necessary to prevent this charge at least 30 days prior to the annual charge. The card issuer may provide the notice on behalf of the seller. This section does not apply to insurance subject to notice and cancellation rights pursuant to section 4‑204.   [PL 2011, c. 427, Pt. A, §15 (NEW).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES › Part 1: GENERAL PROVISIONS › 9-A §9-101. Scope

§9-101. Scope
This Article applies to all consumer credit transactions made by creditors that are not supervised financial organizations, that are made to finance or refinance the acquisition of real estate or the initial construction of a dwelling or that are secured by a first-lien mortgage on real estate and applies to the servicing of those transactions.   [PL 2017, c. 106, §10 (AMD).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW). PL 2007, c. 273, Pt. A, §24 (AMD). PL 2007, c. 273, Pt. A, §41 (AFF). PL 2017, c. 106, §10 (AMD).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES › Part 2: LICENSING › 9-A §9-201. Authority to make or service supervised loans; licensing

§9-201. Authority to make or service supervised loans; licensing
The provisions of sections 2‑301 to 2‑304 control the authority of supervised lenders and mortgage loan servicers that are not supervised financial organizations to make or service loans governed by this Article.   [PL 2017, c. 106, §11 (AMD).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW). PL 2017, c. 106, §11 (AMD).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES › Part 3: REGULATION OF AGREEMENTS AND PRACTICES › 9-A §9-301. Advertising

§9-301. Advertising
1.
No creditor may engage in this State in false or misleading advertising concerning the terms and conditions of a consumer credit transaction subject to this article.
[PL 1987, c. 396, §12 (NEW).]
2.
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 1987, c. 396, §12 (NEW).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES › Part 3: REGULATION OF AGREEMENTS AND PRACTICES › 9-A §9-302. Terms and conditions of consumer credit transactions; rulemaking

§9-302. Terms and conditions of consumer credit transactions; rulemaking
1.
In addition to other rule making authority that the administrator may have, he may adopt reasonable rules in accordance with this section governing agreements which are alternative mortgage transactions as defined in the Alternative Mortgage Transaction Parity Act of 1982, the United States Code, Title 12, Section 3802, subsection 1. In adopting any rule, the administrator shall take into consideration the terms of any similar rules adopted by the Superintendent of Financial Institutions for supervised financial organizations chartered under the laws of this State.
[PL 1987, c. 396, §12 (NEW); PL 2001, c. 44, §11 (AMD); PL 2001, c. 44, §14 (AFF).]
2.
In any rule governing alternative mortgage transactions, the administrator may specify:
A. The maximum amount by which the annual percentage rate may change during a period of time and over the entire term of the agreement;   [PL 1987, c. 396, §12 (NEW).]
B. The minimum notice that may be required to be given to the mortgagor prior to a change in the annual percentage rate;   [PL 1987, c. 396, §12 (NEW).]
C. Acceptable indices that may be used by creditors for the purpose of determining when, and the amount by which changes in the annual percentage rate may occur and what effects, if any, the choice of index may have on the rate movement allowances specified in paragraph A;   [PL 1987, c. 396, §12 (NEW).]
D. Appropriate hypothetical examples to illustrate the effects of changes in the annual percentage rate;   [PL 1987, c. 396, §12 (NEW).]
E. Permissible variations in payment schedules, payment amounts, loan amortization and loan term resulting from rate variations or other contract terms; and   [PL 1987, c. 396, §12 (NEW).]
F. Permissible limitations on refunds of prepaid finance charges and notice requirements for prepayment.   [PL 1987, c. 396, §12 (NEW).]
[PL 1987, c. 396, §12 (NEW).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW). PL 2001, c. 44, §11 (AMD). PL 2001, c. 44, §14 (AFF).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES › Part 3: REGULATION OF AGREEMENTS AND PRACTICES › 9-A §9-303. Consumer's choice of title attorney in consumer credit transactions secured by real estate

§9-303. Consumer's choice of title attorney in consumer credit transactions secured by real estate
1.
Every creditor, which accepts an application for consumer credit transaction involving one to 4 residential units and which requires that an attorney search the title of the subject real estate, shall permit the prospective mortgagor to select a qualified attorney of his own choice to search the title of the subject real estate and certify that title to the creditor or land title insurance company, provided that the creditor may require the prospective mortgagor's attorney to provide it with evidence of adequate liability insurance or land title insurance or such other written policy requirements as the creditor may deem necessary to protect its interests, provided that if all such requirements are met by the attorney chosen by the mortgagor, no additional legal costs may be assessed by the creditor against the mortgagor for review of the title search or any other relevant title documents by the creditor, its title company or attorney.
[PL 1987, c. 396, §12 (NEW).]
2.
Every creditor subject to this section shall provide written notice to the prospective mortgagor that he has the right to select a qualified attorney of his own choice for the performance of title work. The notice shall inform the prospective mortgagor that if the attorney chosen by the mortgagor meets the creditor's requirements, then no additional fees may be charged to the mortgagor for title work. If the prospective mortgagor indicates on the written notice that he does not wish to exercise his right to select an attorney, then the creditor may recommend an attorney.
[PL 1987, c. 396, §12 (NEW).]
3.
Nothing in this section may be construed to require certification of title to a creditor if that creditor does not so require, or to a land title insurance company if that company does not so require.
[PL 1987, c. 396, §12 (NEW).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES › Part 3: REGULATION OF AGREEMENTS AND PRACTICES › 9-A §9-304. Servicing requirements of assigned consumer credit transactions

§9-304. Servicing requirements of assigned consumer credit transactions
No consumer credit transaction secured by a mortgage on real estate may be assigned under this article unless:   [PL 1987, c. 396, §12 (NEW).]
1.
The creditor entering into the agreement retains servicing of the account and either maintains a place of business in this State or maintains a toll-free telephone number or other free means of oral communication that is disclosed to mortgagors and staffed in the manner described in subsection 2; or
[PL 1987, c. 396, §12 (NEW).]
2.
The assignee or servicing agent retained to collect the account maintains a toll-free telephone number, or other free means of oral communication, that is disclosed to mortgagors in each coupon book or on each periodic billing notice or statement of account and that is staffed during normal business hours for mortgagors to use to communicate with the assignee or servicing agent concerning the consumer credit transaction.
[PL 1987, c. 396, §12 (NEW).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES › Part 3: REGULATION OF AGREEMENTS AND PRACTICES › 9-A §9-305. Interest to be paid on funds held in escrow

§9-305. Interest to be paid on funds held in escrow
A creditor, including any of its assignees, that enters into consumer credit transactions secured by a mortgage on real estate and which holds funds of a mortgagor in an escrow account for the payment of taxes or insurance premiums, either on its own behalf or on behalf of another mortgagee, shall pay interest on those funds in accordance with Title 9‑B, section 429.   [PL 1987, c. 396, §12 (NEW).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW).
2023 Maine Revised Statutes › TITLE 9-A: MAINE CONSUMER CREDIT CODE › Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES › Part 3: REGULATION OF AGREEMENTS AND PRACTICES › 9-A §9-305-A. Timely payments from escrow and notice of sale or transfer of mortgage on real estate

§9-305-A. Timely payments from escrow and notice of sale or transfer of mortgage on real estate
1.  Payments from escrow.
A creditor, assignee or servicer that holds or controls funds of a consumer in an escrow account for the payment of taxes or insurance premiums shall make timely payments from that escrow account for a consumer credit transaction secured by a mortgage on real estate. A creditor, assignee or servicer is liable to the consumer for actual damages resulting from failure to make timely payments from that escrow account. The creditor, assignee or servicer shall also rectify the results of a failure to make timely payments, including causing corrections of the consumer's credit report and causing the discharge of any liens against the consumer's real estate.
[PL 2023, c. 69, §1 (NEW).]
2.  Notice of transfer or sale of mortgage on real estate.
A creditor, assignee or servicer that holds or controls funds of a consumer in an escrow account for the payment of insurance premiums for a consumer credit transaction secured by a mortgage on real estate shall notify the insurer that provides insurance coverage for the real estate subject to the mortgage upon the sale or transfer of the mortgage. A creditor, assignee or servicer may satisfy the notice requirement in this subsection by providing the insurer with a copy of the notice of the sale or transfer of the mortgage sent to the consumer.
[PL 2023, c. 69, §1 (NEW).]
SECTION HISTORY
PL 2005, c. 206, §3 (NEW). PL 2023, c. 69, §1 (RPR).