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.
Me. Rev. Stat. tit. 9-A, § 1-109
Transactions subject to Act by agreement
Known as the Maine Consumer Credit Code
The act spans §§ 1–11 (208 sections).
PL 1973, c. 762, §1 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.