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Me. Rev. Stat. tit. 9-A, § 9-308

Right to prepay

PL 1987, c. 396, §12 (NEW)

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.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.