Title 9-A, Title 9-A

If any provision of this Act or the application thereof to any person or circumstances is held invalid, the invalidity does not affect other provisions or applications of this Act which can be given effect without the invalid provision or application, and to this end the provisio…

1. Except as otherwise provided in this Act, a consumer may not waive or agree to forego rights or benefits under this Act. Any such waiver or agreement is unenforceable; and no creditor may take any such waiver or agreement to forego rights or benefits under this Act. 2. A claim…

1. This Act prescribes maximum charges for all creditors, except lessors and those excluded, section 1‑202, extending consumer credit including consumer credit sales, subsection 11 of section 1‑301 and consumer loans subsection 14 of section 1‑301, and displaces existing limitati…

The parties to a sale, lease or loan, or modification thereof, which is not a consumer credit transaction, may agree in a writing signed by the parties that the transaction is subject to the provisions of this Act applying to consumer credit transactions. If the parties so agree,…

Notwithstanding the provisions of Section 501 of the United States Depository Institutions Deregulation and Monetary Control Act of 1980, Public Law 96-221, the Legislature declares that the maximum finance charges established in article II apply to: [PL 1995, c. 137, §1 (AMD).] …

A person subject to this Act shall maintain records of all consumer credit transactions in conformity with generally accepted accounting principles and practices or in a manner that will enable the administrator to determine whether that person or that person's assignee is comply…

1. Except as otherwise provided in this section, this Act applies to consumer credit transactions and open-end credit plans made or entered into in this State. For purposes of this Act, a consumer credit transaction or open-end credit plan is made or entered into in this State if…

This Act does not apply to: [PL 1973, c. 762, §1 (NEW).] 1. Extensions of credit primarily for business, commercial or agricultural purposes or from governments or governmental agencies, instrumentalities or organizations; 1-A. Transactions for which the administrator, by rule, d…

1. The Superior and District Courts of this State may exercise jurisdiction over any creditor with respect to any conduct in this State governed by this Act or with respect to any claim arising from a transaction subject to this Act. In addition to any other method provided by ru…

In addition to definitions appearing in subsequent Articles, in this Act: [PL 1973, c. 762, §1 (NEW).] 1. "Actuarial method" means the method, defined by rules adopted by the administrator, of allocating payments made on debt between the amount financed and the finance charge pur…

In this Act, "Federal Truth in Lending Act" means Title I of the Consumer Credit Protection Act, (Public Law 90-321; 82 Stat. 146), as amended, and includes regulations issued pursuant to that Act.

Other definitions appearing in this Act and the sections in which they appear are: "Computational period" Section 2‑510 "Interval" Section 2‑510 "Location" Section 2‑309 "Periodic balance" Section 2‑510