02-030-190 Me. Code R. § 2

Current through 2024-51, December 18, 2024
Section 030-190-2 - PURPOSE

The purpose of this Rule is to establish standards for addressing violations of Articles I through VI of the Maine Consumer Credit Code and Article VIII, its Truth-in-Lending provisions. Maine must have an enforcement policy at least as strict as that required by the Federal Truth-in-Lending Act in order to maintain a delegation of enforcement authority from the Federal Reserve Board pursuant to Section 123 of the Federal Truth-in-Lending Act.

02-030 C.M.R. ch. 190, § 2