{"data":{"id":"us-me/9-a-m.r.s.-12-105","jurisdiction":"us-me","citation":"9-A M.R.S. §12-105","heading":"Fee requirements","body":"1.   A litigation funding provider may not assess fees for any period exceeding 42 months from the date of the contract with the civil litigant.\n2.   Fees assessed by a litigation funding provider may compound semiannually but may not compound based on any lesser time period.\n3.   In calculating the annual percentage fee or rate of return, a litigation funding provider must include all charges payable directly or indirectly by the consumer, and must compute the rate based only on amounts actually received and retained by a consumer.","path":["TITLE 9-A: MAINE CONSUMER CREDIT CODE","PART 4: REMEDIES AND PENALTIES","ARTICLE 12: LEGAL FUNDING PRACTICES"],"source_url":"https://legislature.maine.gov/statutes/9-A/title9-Asec12-105.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"ad657af0d9bc40956fbf0e840f6e46cd098324b50e9795ef4030d501915bd365","source_id":"us-me","stale":false,"prev":"us-me/9-a-m.r.s.-12-104","next":"us-me/9-a-m.r.s.-12-106"},"notice":"GroundRules: Original legal text. Not legal advice."}
