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2012 Maine Revised Statutes
TITLE 10: COMMERCE AND TRADE
Chapter 202: CONSUMER LOAN AND LEASE AGREEMENTS
10 §1121. Purpose


10 ME Rev Stat § 1121 (2012 through 125th Legis) What's This?

Part 3: REGULATION OF TRADE

§1121. Purpose

The purpose of this chapter is to enable the average consumer, who makes a reasonable effort under ordinary circumstances, to read and understand the terms of loan and lease documents without having to obtain the assistance of a professional. [1985, c. 763, Pt. A, §66 (AMD).]

SECTION HISTORY

1979, c. 483, (NEW). 1985, c. 763, §A66 (AMD).

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