9-A §8-206-F. Investigative and legal compliance personnel - Maine Statutes

Title 9-A: MAINE CONSUMER CREDIT CODE

Article 8: TRUTH-IN-LENDING

Part 2: DISCLOSURE REQUIREMENTS

§8-206-F. Investigative and legal compliance personnel

1. The Superintendent of Consumer Credit Protection shall establish the following positions:

A. A position with the responsibility for promoting compliance with, and investigating alleged violations of, the provisions of this section by entities or individuals subject to the jurisdiction of the Bureau of Consumer Credit Protection; and [2007, c. 273, Pt. A, §22 (NEW); 2007, c. 273, Pt. A, §41 (AFF).]

B. A staff attorney position with the responsibility for compliance with, and enforcement of the provisions of, this section by entities or individuals subject to the jurisdiction of the Bureau of Consumer Credit Protection. [2007, c. 273, Pt. A, §22 (NEW); 2007, c. 273, Pt. A, §41 (AFF).]

[ 2007, c. 273, Pt. A, §22 (NEW); 2007, c. 273, Pt. A, §41 (AFF) .]

2. Notwithstanding section 6-203, subsection 3-C, the Superintendent of Consumer Credit Protection may by rule adjust the fees paid with respect to creditors that are not supervised financial organizations making residential mortgage loans to support the costs of the positions established in subsection 1. Rules adopted pursuant to this subsection are major substantive rules as defined in Title 5, chapter 375, subchapter 2-A.

[ 2007, c. 273, Pt. A, §22 (NEW); 2007, c. 273, Pt. A, §41 (AFF) .]

SECTION HISTORY

2007, c. 273, Pt. A, §22 (NEW). 2007, c. 273, Pt. A, §41 (AFF).