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17 chapters · 281 sections in this title.
9-A M.R.S. § 10-101 Short title
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This article may be known and cited as the "Maine Consumer Credit Code - Loan Brokers."
9-A M.R.S. § 10-102 Definitions
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As used in this article, unless the context otherwise indicates, the following terms have the following meanings. [PL 1989, c. 70, §3 (NEW).] 1. "Loan broker" is defined as follows. A. "Loan broker" means any person who, with respect to the extension of consumer credit by others,…
9-A M.R.S. § 10-201 Licensing and renewal licensing
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A person desiring to engage or continue in business in this State as a loan broker shall apply to the administrator for a license under this Article as set forth in this section. The administrator may refuse the application if it contains erroneous or incomplete information. A li…
9-A M.R.S. § 10-202 Bond
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Each application must be accompanied by evidence of a surety bond, in a form approved by the administrator in the aggregate amount of $25,000, to run to the State for use by the State and any person or persons who may have a cause of action against a loan broker. Notwithstanding …