2012 Maine Revised Statutes
TITLE 9-A: MAINE CONSUMER CREDIT CODE
Article 11: RENTAL-PURCHASE PRACTICES
9-A §11-102. Purpose; rules of construction
§11-102. Purpose; rules of construction
1. This Article must be liberally construed and applied to promote its underlying purposes and policies.
[ 1991, c. 787, (NEW) .]
2. The underlying purposes and policies of this Article are to:
A. Simplify, clarify and modernize the law governing rental-purchase agreements; [1991, c. 787, (NEW).]
B. Provide certain disclosures to consumers who enter into rental-purchase agreements and to promote consumer understanding of the terms of rental-purchase agreements; [1991, c. 787, (NEW).]
C. Protect consumers against unfair practices by some rental-purchase dealers, having due regard for the interests of legitimate and scrupulous rental-purchase dealers; and [1991, c. 787, (NEW).]
D. Permit and encourage the development of fair and economically sound rental-purchase practices. [1991, c. 787, (NEW).]
[ 1991, c. 787, (NEW) .]
SECTION HISTORY
1991, c. 787, (NEW).
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