{"data":{"id":"us-me/9-a-m.r.s.-2-301","jurisdiction":"us-me","citation":"9-A M.R.S. §2-301","heading":"Authority to make or service supervised loans","body":"Unless a person is a supervised financial organization, a financial institution holding company as defined in Title 9‑B, section 1011, subsection 1 or a mutual holding company as defined in Title 9‑B, section 1052, subsection 2 or has first obtained a license pursuant to this Act from the administrator authorizing the person to make or service supervised loans, the person may not engage in the business of:\n1.   Making supervised loans;\n2.   Taking assignments of and undertaking direct collection of payments from or enforcement of rights against debtors arising from supervised loans; or\n3.   Servicing mortgage loans.","path":["TITLE 9-A: MAINE CONSUMER CREDIT CODE","PART 3: CONSUMER LOANS: SUPERVISED LENDERS"],"source_url":"https://legislature.maine.gov/statutes/9-A/title9-Asec2-301.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:24Z","sha256":"294de553433502ebf158c99281ca72bf801c960519733d4a646963193d89edcc","source_id":"us-me","stale":false,"prev":"us-me/9-a-m.r.s.-2-202","next":"us-me/9-a-m.r.s.-2-302"},"notice":"GroundRules: Original legal text. Not legal advice."}