Me. Stat. tit. 9-A § 9-314
Current through 131st (2023-2024) Legislature Chapter 634
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. [2007, c. 273, Pt. A, §28 (NEW); 2007, c. 273, Pt. A, §41 (AFF).]
9-A M.R.S. § 9-314