§3-506. Limitation
95 words·~1 min read·
/me/title-9-a-maine-consumer-credit-code/3-506·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
This Part does not apply to any consumer credit transaction covered by Article 8‑A and subject to the right of rescission pursuant to the Federal Truth in Lending Act, 15 United States Code, Section 1601 et seq., nor does it apply to any sale, by any dealer or agent or salesperson of a registered dealer, registered pursuant to Title 32, chapter 135 , of stocks, bonds, debentures or securities representing stocks, bonds or debentures registered pursuant to Title 32, chapter 135 or expressly exempt from registration thereof. [PL 2011, c. 427, Pt. D, §11 (AMD).]