There is a newer version of the Maine Revised Statutes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 §9-406. Refunds and penalties as set-off to obligation
9-A ME Rev Stat § 9-406 (2012 through 125th Legis) What's This?
Part 4: REMEDIES AND PENALTIES
§9-406. Refunds and penalties as set-off to obligation
Refunds or penalties to which the consumer is entitled pursuant to this Part may be set off against the consumer's obligation and may be raised as a defense to a suit on the obligation without regard to the time limitations prescribed by this Part. [1987, c. 396, §12 (NEW).]
SECTION HISTORY
1987, c. 396, §12 (NEW).
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