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9-A §11-102. Purpose; rules of construction

9-A ME Rev Stat § 11-102 (2019) (N/A)
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§11-102. Purpose; rules of construction

1.  This Article must be liberally construed and applied to promote its underlying purposes and policies.

[PL 1991, c. 787 (NEW).]

2.  The underlying purposes and policies of this Article are to:

A. Simplify, clarify and modernize the law governing rental-purchase agreements;   [PL 1991, c. 787 (NEW).]

B. Provide certain disclosures to consumers who enter into rental-purchase agreements and to promote consumer understanding of the terms of rental-purchase agreements;   [PL 1991, c. 787 (NEW).]

C. Protect consumers against unfair practices by some rental-purchase dealers, having due regard for the interests of legitimate and scrupulous rental-purchase dealers; and   [PL 1991, c. 787 (NEW).]

D. Permit and encourage the development of fair and economically sound rental-purchase practices.   [PL 1991, c. 787 (NEW).]

[PL 1991, c. 787 (NEW).]

SECTION HISTORY

PL 1991, c. 787 (NEW).

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