§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. [PL 1995, c. 614, Pt. A, §16 (AMD).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW). PL 1995, c. 614, §A16 (AMD).
Structure Maine Revised Statutes
TITLE 9-A: MAINE CONSUMER CREDIT CODE
Part 3: REGULATION OF AGREEMENTS AND PRACTICES
9-A §9-302. Terms and conditions of consumer credit transactions; rulemaking
9-A §9-304. Servicing requirements of assigned consumer credit transactions
9-A §9-305. Interest to be paid on funds held in escrow
9-A §9-305-A. Timely payments from escrow
9-A §9-305-B. Timely responses to requests for payoff figures
9-A §9-306. Notice of assignment
9-A §9-307. Receipts; statements of account; evidence of payment
9-A §9-309. Real estate appraisals; copies
9-A §9-310. Privacy of consumer financial information
9-A §9-311. Choice of accounting, tax or attest services provider
9-A §9-311-A. Real estate settlement procedures