9-A §4-204. Notice of right to cancel credit insurance in open-end transactions - Maine Statutes

Title 9-A: MAINE CONSUMER CREDIT CODE

Article 4: INSURANCE

Part 2: CONSUMER CREDIT INSURANCE

§4-204. Notice of right to cancel credit insurance in open-end transactions

A creditor who provides consumer credit insurance in relation to open-end credit shall, at least annually, inform the consumer of the voluntary nature of the insurance and of his right to cancel that insurance at will. [1985, c. 336, §7 (NEW).]

SECTION HISTORY

1985, c. 336, §7 (NEW).