9-A M.R.S. §9-314: Prepayment penalty riders
Where this section sits in the code
- TITLE 9-A: MAINE CONSUMER CREDIT CODE
- PART 3: REGULATION OF AGREEMENTS AND PRACTICES
A supervised lender may not impose a prepayment penalty provision through use of a rider or amendment to the loan contract if the terms of the loan contract state that no such prepayment penalty may be imposed or that such a penalty is not specifically authorized under state law.
Collected 2026-09-04T15:12:24Z. Source file · JSON