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business, pending completion of services offered. With respect to | credit services organizations | | or obtain extensions of credit for consumers, or provide advice or | assistance therefor | | "completion of services offered" means procurement of credit under | | the terms agreed to by the parties. |
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| | | Sec. 7. 9-A MRSA §10-302, first ¶, as enacted by PL 1989, c. 70, §3, is | | amended to read: |
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| | | Each agreement between a consumer and a credit services | organization shall, | signed by the consumer and shall |
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| | | Sec. 8. 9-A MRSA §10-302, sub-§2, as enacted by PL 1989, c. 70, §3, is | | amended to read: |
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| | | 2. The terms and conditions of payment, including the total | | of all payments to be made by the consumer for the service, | whether to the credit services organization | | some other person; and |
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| | | Sec. 9. 9-A MRSA §10-303, first ¶, as enacted by PL 1989, c. 70, §3, is | | amended to read: |
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| | | Before any agreement is entered into, or before any money is | paid by a consumer, whichever occurs first, the credit services | organization | | disclosure of material consumer protections, including the | | following: |
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| | | Sec. 10. 9-A MRSA §10-304, as enacted by PL 1989, c. 70, §3, is | | amended to read: |
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| | | 1. No credit services organization | | engage in this State in false or misleading advertising | | concerning the terms and conditions of any services or assistance | | offered. |
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| | | 2. This section imposes no liability on the owner or | | personnel of any medium in which an advertisement appears or | | through which it is disseminated. |
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| | | 3.__A loan broker shall include its license number in all | | print advertising in this State. |
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| | | Sec. 11. 9-A MRSA §10-305, as enacted by PL 1989, c. 70, §3, is | | amended to read: |
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