§16-107. Record retention
66 words·~1 min read·
/me/title-9-a-maine-consumer-credit-code/16-107·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A private education lender shall establish and maintain records and permit the superintendent to access and copy any records required to be maintained pursuant to this Article. The private education lender shall retain a loan file, including any record specified for retention by rules adopted by the superintendent, for at least 6 years after the termination of the loan account. [PL 2021, c. 357, §2 (NEW).]