Maine Revised Statutes Title 5 Sec. 4596 – Unlawful credit extension discrimination
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Terms Used In Maine Revised Statutes Title 5 Sec. 4596
- Credit: means the right granted by a creditor to a person to defer payment of debt or to incur debt and defer its payment, or purchase property or services and defer payment therefor;
It is unlawful credit discrimination for any creditor to refuse the extension of credit to any person solely on the basis of any one or more of the following factors: age; race; color; sex; sexual orientation or gender identity; marital status; ancestry; religion or national origin in any credit transaction. It is not unlawful credit discrimination to comply with the terms and conditions of any bona fide group credit life, accident and health insurance plan, for a financial institution extending credit to a married person to require both the husband and the wife to sign a note and a mortgage and to deny credit to persons under 18 years of age or to consider a person’s age in determining the terms upon which credit will be extended. [PL 2021, c. 366, §17 (AMD).]
SECTION HISTORY
PL 1973, c. 668 (NEW). PL 1973, c. 788, §26 (AMD). PL 1975, c. 355, §16 (AMD). PL 1975, c. 370, §2 (AMD). PL 1975, c. 770, §41 (AMD). PL 2005, c. 10, §19 (AMD). PL 2021, c. 366, §17 (AMD).