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25,400 statutes · page 18 of 1270
United States — Maine legislation
20 statutes shown from 25,400 source-backed records
A person may not buy certain gasoline or heating oil business stock or assets in Maine without giving prior notice; the buyer must notify the Attorney General at least 90 days before the acquisition.
Dealers and related contracts for home heating oil, kerosene, or liquefied petroleum gas must use written price-plan terms, meet disclosure rules, and follow prepaid-contract security, reporting, and reimbursement requirements.
This section defines terms used in the chapter, including billing period, construction contract, contractor, delivery, material supplier, owner, real property, subcontractor, and work.
This chapter does not apply to contracts entered into by the Department of Transportation.
The owner must pay the contractor under the construction contract, and if payment is late, interest is owed under the stated rate.
Contractors and subcontractors must pay subcontractors and material suppliers under the contract terms, disclose the owner-payment due date before contracting, make payment within 7 days after the later of receipt of payment or invoice, and pay interest on late balances.
If an invoice has errors or defects, the owner, contractor, or subcontractor must notify the person who submitted it in writing within 10 working days of receiving it.
1. Payment. If payments under a construction contract are subject to retainage, any amounts retained during the performance of the contract and due to be released to the contractor upon completion must be paid within 30 days after final
An owner, contractor, or subcontractor is not prohibited from making advance payments, progress payments, or prepayments when appropriate, but those payments must be made promptly and are subject to this chapter’s interest, penalty, and other provisions.
In construction-contract payment disputes, an owner, contractor, or subcontractor may withhold payment for good-faith claims, and a substantially prevailing party in a recovery proceeding must receive reasonable attorney’s fees and expenses.
Contracts may include language that varies from this chapter’s requirements when another law, regulation, or grant agreement requires that variance as a condition of federal aid.
This chapter does not apply to contracts for materials bought by a person working on their own real property.
The purpose of this chapter is to enable the average consumer, who makes a reasonable effort under ordinary circumstances, to read and understand the terms of loan and lease documents without having to obtain the assistance of a
This section defines key terms used in the chapter, including agreement, consumer, consumer lease, consumer loan, lessor, amount financed, and supervised lender.
1. Application. Except as provided in subsection 2, this chapter applies to any agreement signed in connection with a consumer loan or consumer lease entered into in this State between a consumer who is a resident of this State at the time
Consumer loan agreements and consumer lease agreements must be written plainly and arranged clearly, with section captions.
A supervised lender or lessor that does not comply with section 1124 commits a Title 9-A violation enforceable under section 6-108.
Certain lenders, lessors, and trade groups may submit proposed agreement forms for certification, and the office or bureau must act within 45 days.
A seller or payee cannot require a payor to use a bank credit card as identification if the payor does not have one.
This section defines several terms used in the chapter, including “credit card,” “credit card issuer,” “provider of travel services,” and “travel agent.”
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