An Act To Amend the Laws Governing Credit Card Companies
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 9-A MRSA §8-303, sub-§8 is enacted to read:
8. A card issuer may not refuse to accept or charge a fee for more than one payment on a credit card debt by a cardholder within a one-month period.
summary
This bill prohibits a credit card issuer from refusing to accept or charging a fee for more than one payment on a credit card debt by a cardholder within a one-month period.