State Codes and Statutes
Statutes > Maine > Title9a > Title9-Ach4sec0 > Title9-Asec4-204Title 9-A: MAINE CONSUMER CREDIT CODE
Article 4: INSURANCE
Part 2: CONSUMER CREDIT INSURANCE
§4-204. Notice of right to cancel credit insurance in open-end transactions
A creditor who provides consumer credit insurance in relation to open-end credit shall, at least annually, inform the consumer of the voluntary nature of the insurance and of his right to cancel that insurance at will. [1985, c. 336, §7 (NEW).]
SECTION HISTORY
1985, c. 336, §7 (NEW).