A creditor who provides consumer credit insurance in relation to open-end credit shall, at least annually, inform the consumer of the voluntary nature of the insurance and of the consumer's right to cancel that insurance at will.
Me. Rev. Stat. tit. 9-A, § 4-204
Notice of right to cancel credit insurance in open-end transactions
Known as the Maine Consumer Credit Code
The act spans §§ 1-101 to 11-122 (208 sections).
PL 1985, c. 336, §7 (NEW)
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.