State Codes and Statutes
Statutes > Maine > Title9a > Title9-Ach9sec0 > Title9-Asec9-406Title 9-A: MAINE CONSUMER CREDIT CODE
Article 9: CONSUMER CREDIT TRANSACTIONS MADE TO ACQUIRE REAL ESTATE OR SECURED BY FIRST-LIEN MORTGAGES HEADING: PL 1987, C. 396, §12 (NEW); 2007, C. 273, PT. A, §36 (AMD)
Part 4: REMEDIES AND PENALTIES HEADING: PL 1987, C. 396, §12 (NEW)
§9-406. Refunds and penalties as set-off to obligation
Refunds or penalties to which the consumer is entitled pursuant to this Part may be set off against the consumer's obligation and may be raised as a defense to a suit on the obligation without regard to the time limitations prescribed by this Part. [1987, c. 396, §12 (NEW).]
SECTION HISTORY
1987, c. 396, §12 (NEW).
