§1-109. Transactions subject to Act by agreement
The parties to a sale, lease or loan, or modification thereof, which is not a consumer credit transaction, may agree in a writing signed by the parties that the transaction is subject to the provisions of this Act applying to consumer credit transactions. If the parties so agree, the transaction is a consumer credit transaction for the purposes of this Act. [PL 1973, c. 762, §1 (NEW).]
SECTION HISTORY
PL 1973, c. 762, §1 (NEW).
Structure Maine Revised Statutes
TITLE 9-A: MAINE CONSUMER CREDIT CODE
Article 1: GENERAL PROVISIONS AND DEFINITIONS
9-A §1-102. Purposes; rules of construction
9-A §1-103. Supplementary general principles of law applicable
9-A §1-104. Construction against implicit repeal
9-A §1-106. Adjustment of dollar amounts (REPEALED)
9-A §1-107. Waiver; agreement to forego rights; settlement of claims
9-A §1-108. Effect of Act on powers of organizations
9-A §1-109. Transactions subject to Act by agreement