Maine Revised Statutes Title 9-A Sec. 16-107 – Record retention
Current as of: 2023 | Check for updates
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Terms Used In Maine Revised Statutes Title 9-A Sec. 16-107
- lender: means any person engaged in the business of securing, making or extending private education loans or any holder of a private education loan. See Maine Revised Statutes Title 9-A Sec. 16-101
A private education lender shall establish and maintain records and permit the superintendent to access and copy any records required to be maintained pursuant to this Article. The private education lender shall retain a loan file, including any record specified for retention by rules adopted by the superintendent, for at least 6 years after the termination of the loan account. [PL 2021, c. 357, §2 (NEW).]
SECTION HISTORY
PL 2021, c. 357, §2 (NEW).