§ 11-101 Short title
§ 11-102 Purpose; rules of construction
§ 11-103 Supplementary general principles of law applicable
§ 11-104 Application
§ 11-105 Definitions
§ 11-106 Inapplicability of other laws; exempt transactions
§ 11-107 General requirements of disclosure
§ 11-108 Disclosure
§ 11-109 Prohibited practices
§ 11-110 Calculation of late charges
§ 11-111 Allowable charges
§ 11-112 Default; notice of default and right to cure
§ 11-113 Reinstatement
§ 11-114 Consumer’s right to acquire ownership when 50% of payments equals cash price
§ 11-115 Liability damage waivers; fees
§ 11-116 Receipts and accounts
§ 11-117 Renegotiations and extensions
§ 11-118 Advertising and point-of-sale disclosure
§ 11-119 Collection activity
§ 11-120 Enforcement; penalties
§ 11-121 Effective date
§ 11-122 Privacy of consumer financial information

Terms Used In Maine Revised Statutes > Title 9-A > Article 11

  • Administrator: means the administrator designated in Article VI, section 6-103. See Maine Revised Statutes Title 20-A Sec. 8603
  • Adult career and technical education: means organized educational activities, eligible for federal or state funding, that:
A. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Adult education: means education programs primarily operated for individuals beyond the compulsory school ages and administered by school administrative units. See Maine Revised Statutes Title 30-A Sec. 1654
  • Adult education: means an education program primarily operated for individuals beyond the compulsory school age that is administered by school administrative units through a career pathways and service system and that, except as provided in section 8602-B, includes intake, assessment, advising, instruction and individual learning plans; is guided by data management and analysis, annual monitoring and annual professional development plans; uses appropriately certified staff; is designed to meet identified local needs; makes use of partnerships and alignment with workforce development, postsecondary institutions and support services; and offers at least 3 of the following:
  • A. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Adult education program costs: means those costs identified in section 8607-A. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Adult learners with disabilities: means individuals who have been determined eligible as students with disabilities under the federal Individuals with Disabilities Education Act who are 16 years of age or older and under 21 years of age and who have neither received a regular high school diploma nor turned 20 years of age during the prior school year; individuals who are eligible under Section 504 of the Rehabilitation Act of 1973 and individuals who are eligible under the federal Americans with Disabilities Act of 1990. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Adult workforce training and retraining: means courses or activities eligible for state funding that serve any of the following adult learners:
  • A. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Advertisement: means a commercial message in any medium that directly or indirectly aids, promotes or assists a rental-purchase agreement, but does not include in-store merchandising aids such as window signs and ceiling banners. See Maine Revised Statutes Title 20-A Sec. 8603
  • Arrest: Taking physical custody of a person by lawful authority.
  • Basic literacy instruction: means instruction, based on individual needs and goals, for adults whose skills in reading, writing, numeracy, speaking or listening are below the grade 12 level. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Blender: means any person who blends blend stock with gasoline or who sells or distributes blend stock for the purpose of being blended with gasoline. See Maine Revised Statutes Title 20-A Sec. 8234
  • Cash price: means the price for which the merchant would sell the property to the consumer for cash on the date of the rental-purchase agreement. See Maine Revised Statutes Title 20-A Sec. 8603
  • Change orders: means a written amendment to the home construction contract which becomes part of and is in conformance with the existing contract. See Maine Revised Statutes Title 20-A Sec. 8702
  • College transition course: means a course to support adults with high school diplomas who are not academically prepared to take college courses. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Commissioner: means the Commissioner of Education or the commissioner's designee. See Maine Revised Statutes Title 30-A Sec. 1654
  • Consumer: means an individual who rents personal property under a rental-purchase agreement used primarily for personal, family or household purposes. See Maine Revised Statutes Title 20-A Sec. 8603
  • Consummation: means the time at which a consumer becomes contractually obligated under a rental-purchase agreement for personal property used primarily for personal, family or household purposes. See Maine Revised Statutes Title 20-A Sec. 8603
  • Cooperative board: means the governing body with statutory powers and duties for a career and technical education region. See Maine Revised Statutes Title 30-A Sec. 1654
  • Dealer: means and includes a natural person, firm, corporation, partnership and any other legal entity that is engaged in the business of selling, offering for sale or negotiating the sale of used motor vehicles, except auction businesses licensed by the Secretary of State and includes the officers, agents and employees thereof. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Debt: means an obligation or alleged obligation of a consumer to surrender or return rental property or pay money arising out of a rental-purchase agreement. See Maine Revised Statutes Title 20-A Sec. 8603
  • Department: means the Department of Education. See Maine Revised Statutes Title 30-A Sec. 1654
  • Distributor: shall mean any person engaged in the sale, consignment or distribution of petroleum products to wholesale or retail outlets, whether or not such person owns, leases or in any way controls such outlets;
  • [ 1975, c. See Maine Revised Statutes Title 20-A Sec. 8234
  • Down payment: means all payments to a home construction contractor prior to or contemporaneous with the execution of the home construction contract. See Maine Revised Statutes Title 20-A Sec. 8702
  • Extended service warranty: means a service contract, not a warranty as that term is used in Title 11, Article 2, that promises service in exchange for a fee and may also be referred to as "extended service contract. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. Source: OCC
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Home construction contract: means a contract to build, remodel or repair a residence, including not only structural work but also electrical, plumbing and heating work; carpeting; window replacements; and other nonstructural work. See Maine Revised Statutes Title 20-A Sec. 8702
  • Instructional supplies: means those supplies that fulfill the purpose of a specific instructional program and, during the teaching process, are actually consumed or worn out through use, or lose their identity through fabrication or incorporation into different or more complete units or substances. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Insulation: means any material, including, but not limited to, mineral wool, cellulose fibre, vermeculite and perlite, and foams to reduce heat flow between the interior and exterior surfaces of a building. See Maine Revised Statutes Title 20-A Sec. 8611
  • Livery service: means a service that for a fee arranges, schedules or procures a vehicle for rent or hire or provides a ride for hire. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Location information: means a consumer's place of residence and the consumer's telephone numbers at that location and at the consumer's place of employment. See Maine Revised Statutes Title 20-A Sec. 8603
  • Majority: when used in reference to age shall mean the age of 18 and over. See Maine Revised Statutes Title 15 Sec. 225
  • Materials: means all supplies which are used to construct, alter or repair a residence. See Maine Revised Statutes Title 20-A Sec. 8702
  • Maximum allowable expenditures: means , for state subsidy purposes, an amount not to exceed the sum of funds appropriated through taxation and expended in accordance with section 8607-A in the base year, plus the amount of subsidy paid by the State during the base year. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Mechanical defect: means any defect, failure or malfunction of the mechanical system of a motor vehicle, including but not limited to the motor and transmission, electrical, hydraulic or suspension systems, and any defect, damage, failure or malfunction that affects the safety or normal use of a motor vehicle. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Merchant: means a person who regularly provides the use of property through rental-purchase agreements and to whom rental payments are initially payable on the face of the rental-purchase agreement. See Maine Revised Statutes Title 20-A Sec. 8603
  • Motor vehicle: means any self-propelled vehicle designed primarily to transport not more than 14 individuals, except motorcycles as defined in Title 29-A, section 101, subsection 38, and any vehicles operated exclusively on a rail or rails. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Parent: means a parent, as defined in section 1, subsection 20, with legal custody of a minor child, except that "parent" of a child with disabilities means a parent as defined in the federal Individuals with Disabilities Act, 20 United States Code, Section 1401(23). See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Parent: means a parent, guardian or legal guardian. See Maine Revised Statutes Title 30-A Sec. 1654
  • Periodic payment: means the total payment the consumer will make for a specific rental period, including the rental payment, any administrative fees or delivery charges, taxes and fees or charges for optional products and services. See Maine Revised Statutes Title 20-A Sec. 8603
  • Person: means and includes natural persons, corporations, trusts, partnerships, incorporated or unincorporated associations and any other legal entities. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Person: means an individual, a copartnership, corporation or any other legal entity. See Maine Revised Statutes Title 20-A Sec. 8611
  • Private school: means an academy, seminary, institute or other private corporation or body formed for educational purposes covering kindergarten through grade 12 or any portion thereof. See Maine Revised Statutes Title 30-A Sec. 1654
  • Public school: means a school that is governed by a school board of a school administrative unit and funded primarily with public funds. See Maine Revised Statutes Title 30-A Sec. 1654
  • Pupil: means elementary or secondary school student. See Maine Revised Statutes Title 35-A Sec. 3708
  • Purchaser: means any person who has obtained ownership of a used motor vehicle from a dealer by transfer, gift or purchase. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Reconstructable motor vehicle: means a used motor vehicle that does not meet the inspection standards as set forth in Title 29-A, section 1751, and that is sold, offered for sale or negotiated for sale to a person other than another dealer for the purpose of transportation after repair or rebuilding. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Rental payment: means a payment to be made by a consumer for the right of possession and use of rental property for a specific rental period, but does not include taxes imposed on such payment. See Maine Revised Statutes Title 20-A Sec. 8603
  • Rental period: means a week, month or other specific period of time during which the consumer has a right to possess and use the property after making the rental payment and applicable tax payment for such period. See Maine Revised Statutes Title 20-A Sec. 8603
  • Rental-purchase agreement: means an agreement for the use of personal property by an individual primarily for personal, family or household purposes for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the consumer to become the owner of the property, but does not obligate or require the consumer to continue renting or using the property beyond the initial period. See Maine Revised Statutes Title 20-A Sec. 8603
  • Rental-purchase cost: includes rental payments and any initial administrative fees, but does not include taxes, delivery charges, late charges, payment pick-up fees or any optional charges or fees that meet the requirements of section 11-111, subsection 4. See Maine Revised Statutes Title 20-A Sec. 8603
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Residence: means a dwelling with 3 or fewer living units and garages, if any. See Maine Revised Statutes Title 20-A Sec. 8702
  • Residence: means , with reference to a person's eligibility to receive adult education, the school administrative unit in which is located the legal residence of the person's parent if the person has not reached 18 years of age, the legal residence of the person after the person reaches 18 years of age or the legal residence of the person after the person becomes an emancipated minor. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Retail dealer: shall mean any person who operates a service station, filling station, store, garage or other place of business for the sale of motor fuel for delivery into the service tank or tanks of any vehicle propelled by an internal combustion engine;
  • [ 1975, c. See Maine Revised Statutes Title 20-A Sec. 8234
  • Rideshare: means a program, activity or action in which a person uses that person's private vehicle to transport a person for a fee. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • school administrative unit: means the state-approved unit of school administration and includes only the following:
  • A. See Maine Revised Statutes Title 30-A Sec. 1654
  • School administrative unit: means the state-approved unit of school administration and includes a municipal school unit, school administrative district, community school district, regional school unit or any other municipal or quasi-municipal corporation responsible for operating or constructing public schools, except that it does not include a career and technical education region. See Maine Revised Statutes Title 30-A Sec. 1654
  • School board: means the governing body with statutory powers and duties for a school administrative unit. See Maine Revised Statutes Title 30-A Sec. 1654
  • Secondary school: means that portion of a school that provides instruction in any combination of grades 9 through 12. See Maine Revised Statutes Title 30-A Sec. 1654
  • Seller: means any person who sells a used motor vehicle to a dealer, including, but not limited to, individuals, other new or used motor vehicle dealers, motor vehicle manufacturers and insurance companies. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Service of process: The service of writs or summonses to the appropriate party.
  • Solar energy equipment: means all controls, tanks, pumps, heat exchangers, collectors and all other equipment necessary for the collection, transfer and storage of solar energy, as determined by the Governor's Energy Office. See Maine Revised Statutes Title 20-A Sec. 8801
  • State board: means the State Board of Education. See Maine Revised Statutes Title 30-A Sec. 1654
  • Superintendent: means the person in a school administrative unit or school union appointed and having the authority and responsibility under this Title and other applicable statutes. See Maine Revised Statutes Title 30-A Sec. 1654
  • Total of payments to acquire ownership: includes any initial administrative fee, the total of all rental payments and taxes, but does not include delivery charges, late charges, payment pick-up fees or any optional charges or fees that meet the requirements of section 11-111, subsection 4. See Maine Revised Statutes Title 20-A Sec. 8603
  • Total of payments to acquire ownership: means the total of all charges payable by the consumer to acquire ownership of the rental property. See Maine Revised Statutes Title 20-A Sec. 8603
  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • Unit: means a school administrative unit. See Maine Revised Statutes Title 20-A Sec. 8601-A
  • Used motor vehicle: means a motor vehicle that either has been once registered or is not covered by a manufacturer's new car warranty. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Vehicle history report: means a written or electronic report, record or document that describes or provides information on the service history of a vehicle. See Maine Revised Statutes Title 20-A Sec. 8602-A
  • Venue: The geographical location in which a case is tried.