There is a newer version of the Maine Revised Statutes
2012 Maine Revised Statutes
TITLE 9-A: MAINE CONSUMER CREDIT CODE
Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES
9-A §9-308. Right to prepay
9-A ME Rev Stat § 9-308 (2012 through 125th Legis) What's This?
Part 3: REGULATION OF AGREEMENTS AND PRACTICES
§9-308. Right to prepay
A consumer may prepay in full or in part the unpaid balance of a consumer credit transaction that is an alternative mortgage transaction, as defined in section 9-302, subsection 1, at any time without penalty. [1995, c. 614, Pt. A, §16 (AMD).]
SECTION HISTORY
1987, c. 396, §12 (NEW). 1995, c. 614, §A16 (AMD).
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