§11-111. Allowable charges
In addition to rental payments, a merchant may contract for and receive the following charges or fees. [PL 2001, c. 287, §12 (AMD).]
1. An initial administrative fee not to exceed $15 may be assessed but the fee must be refunded to the consumer if the rental agreement is not consummated. If a consumer enters into more than one rental-purchase agreement with a merchant on the same day, only one initial administrative fee may be assessed.
[PL 2001, c. 287, §12 (AMD).]
2. An optional delivery charge may not exceed $30 for 3 or fewer items actually delivered or $60 for 4 or more items actually delivered.
[PL 2001, c. 287, §12 (AMD).]
3. An optional payment pick-up fee may not exceed $7.50 and may be assessed only once per payment.
[PL 2001, c. 287, §12 (AMD).]
4. A liability damage waiver fee may be contracted for and received pursuant to section 11‑115.
[PL 1991, c. 787 (NEW).]
SECTION HISTORY
PL 1991, c. 787 (NEW). PL 2001, c. 287, §12 (AMD).
Structure Maine Revised Statutes
TITLE 9-A: MAINE CONSUMER CREDIT CODE
Article 11: RENTAL-PURCHASE PRACTICES
9-A §11-102. Purpose; rules of construction
9-A §11-103. Supplementary general principles of law applicable
9-A §11-106. Inapplicability of other laws; exempt transactions
9-A §11-107. General requirements of disclosure
9-A §11-109. Prohibited practices
9-A §11-110. Calculation of late charges
9-A §11-111. Allowable charges
9-A §11-112. Default; notice of default and right to cure
9-A §11-114. Consumer's right to acquire ownership when 50% of payments equals cash price
9-A §11-115. Liability damage waivers; fees
9-A §11-116. Receipts and accounts
9-A §11-117. Renegotiations and extensions
9-A §11-118. Advertising and point-of-sale disclosure
9-A §11-119. Collection activity