§16-102. License required
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/me/title-9-a-maine-consumer-credit-code/16-102·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person may not engage in the business of securing, making or extending a private education loan or holding a private education loan without having first obtained a license as a supervised lender from the administrator pursuant to section 2‑301 . [PL 2021, c. 357, §2 (NEW).]