STATE STATUTES & CODES
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MAINE STATUTES AND CODES
10 §1124. Requirements for agreements
Title 10: COMMERCE AND TRADE
Part 3: REGULATION OF TRADE
Chapter 202: CONSUMER LOAN AND LEASE AGREEMENTS
§1124. Requirements for agreements
After October 1, 1982, every consumer loan agreement, and after January 1, 1987, every consumer lease agreement, shall be: [1985, c. 763, Pt. A, §71 (AMD).]
1. Plain language. Written in a clear and coherent manner using words with common and everyday meanings; and
[ 1981, c. 236, §1 (AMD) .]
2. Meaningful arrangement. Appropriately divided and captioned by its various sections.
[ 1979, c. 483, (NEW) .]
SECTION HISTORY
1979, c. 483, (NEW). 1981, c. 236, §1 (AMD). 1981, c. 551, §1 (AMD). 1985, c. 763, §A71 (AMD).