State Codes and Statutes
Statutes > Maine > Title9a > Title9-Ach3sec0 > Title9-Asec3-306Title 9-A: MAINE CONSUMER CREDIT CODE
Article 3: REGULATION OF AGREEMENTS AND PRACTICES
Part 3: LIMITATIONS ON AGREEMENTS AND PRACTICES
§3-306. Authorization to confess judgment prohibited
No agreement for a consumer credit transaction may contain an authorization for any person to confess judgment on any claim. No seller or lessor may take such an authorization. Any such authorization is void. [1973, c. 762, §1 (NEW).]
SECTION HISTORY
1973, c. 762, §1 (NEW).
