§8-511. Recurring charges to credit card or charge card accounts
If a sale of goods, services or insurance is charged to a credit card or charge card account on an annual basis without substantially contemporaneous authorizations by the consumer, the seller shall inform the consumer of the voluntary nature of the charge to the credit card or charge card account and of the steps necessary to prevent this charge at least 30 days prior to the annual charge. The card issuer may provide the notice on behalf of the seller. This section does not apply to insurance subject to notice and cancellation rights pursuant to section 4‑204. [PL 2011, c. 427, Pt. A, §15 (NEW).]
SECTION HISTORY
PL 2011, c. 427, Pt. A, §15 (NEW).
Structure Maine Revised Statutes
TITLE 9-A: MAINE CONSUMER CREDIT CODE
Article 8-A: MAINE TRUTH-IN-LENDING
9-A §8-502. Findings and declaration of purpose
9-A §8-503. Conformity with federal law
9-A §8-504. Maine Consumer Credit Code - Truth-in-Lending
9-A §8-506. Enhanced restrictions on certain creditors
9-A §8-507. Exemption from the Federal Truth in Lending Act
9-A §8-508. Authority of administrator
9-A §8-509. Credit card and debit card surcharge prohibition
9-A §8-510. Disclosure of lists of the names, addresses and account numbers of credit card holders
9-A §8-511. Recurring charges to credit card or charge card accounts