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

§9-308. Right to prepay

A consumer may prepay in full or in part the unpaid balance of a consumer credit transaction that is an alternative mortgage transaction, as defined in section 9‑302, subsection 1, at any time without penalty.   [PL 1995, c. 614, Pt. A, §16 (AMD).]

SECTION HISTORY

PL 1987, c. 396, §12 (NEW). PL 1995, c. 614, §A16 (AMD).