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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 9-A: MAINE CONSUMER CREDIT CODE
Article 2: FINANCE CHARGES AND RELATED PROVISIONS
9-A §2-301. Authority to make supervised loans
Universal Citation:
9-A ME Rev Stat § 2-301 (2011 through 125th Legis)
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Part 3: CONSUMER LOANS: SUPERVISED LENDERS
§2-301. Authority to make supervised loans
Unless a person is a supervised financial organization or has first obtained a license pursuant to this Act from the administrator authorizing him to make supervised loans, he shall not engage in the business of: [1985, c. 763, Pt. A, §24 (AMD).]
1. Making supervised loans; or
[ 1973, c. 762, §1 (NEW) .]
2. Taking assignments of and undertaking direct collection of payments from or enforcement of rights from an office in this State against debtors arising from supervised loans.
[ 1987, c. 129, §33 (AMD) .]
SECTION HISTORY
1973, c. 762, §1 (NEW). 1975, c. 179, §1 (AMD). 1983, c. 212, §§3,4 (AMD). 1985, c. 763, §A24 (AMD). 1987, c. 129, §33 (AMD).
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