Me. Stat. tit. 10 § 1124

Current through 131st (2023-2024) Legislature Chapter 684

Section 1124 - Requirements for agreements

After October 1, 1982, every consumer loan agreement, and after January 1, 1987, every consumer lease agreement, shall be: [1985, c. 763, Pt. A, §71(AMD).]

1.Plain language. Written in a clear and coherent manner using words with common and everyday meanings; and

[1981, c. 236, §1(AMD).]

2.Meaningful arrangement. Appropriately divided and captioned by its various sections.

[1979, c. 483(NEW).]

10 M.R.S. § 1124

1979, c. 483, (NEW) . 1981, c. 236, § 1 (AMD) . 1981, c. 551, § 1 (AMD) . 1985, c. 763, §A71 (AMD) .