United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 32, § 4668: Limitation, 1969

This section lists sales and transactions to which the subchapter does not apply.

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“This section lists sales and transactions to which the subchapter does not apply.”

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    Enacted 1969 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Limitation

This section lists sales and transactions to which the subchapter does not apply.

Section 4668

04

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Source record from legislature.maine.gov · Enacted 1969 · Source version 1 Oct 2025

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§ 4668LimitationProvision

This section lists sales and transactions to which the subchapter does not apply.

1. Exclusions. This subchapter does not apply to the following: A. A sale where the gross sales price, including any interest or carrying charges, is less than $25; [PL 2001, c. 276, §1 (NEW).] B. A transaction regulated under Title 9‑A, sections 3‑501 to 3‑507; [PL 2001, c. 276, §1 (NEW).] C. A sale by a dealer or agent or salesman of a dealer registered pursuant to chapter 135 of stocks, bonds, debentures or securities representing stocks, bonds or debentures registered pursuant to chapter 135 or expressly exempt from registration pursuant to chapter 135; [PL 2005, c. 65, Pt. C, §17 (AMD).] D. A sale of insurance regulated under Title 24‑A, sections 2515‑A and 2717; or [PL 2001, c. 276, §1 (NEW).] E. A sale of credit services by a supervised lender, as defined in Title 9‑A, section 1‑301, subsection 39, or an agent or affiliate of a supervised lender to the extent the affiliate or agent is selling or offering to sell the credit services of the supervised lender. For purposes of this paragraph, "credit services" includes any extension of credit and any product or service that a supervised lender is authorized by law or regulation to sell in connection with or relating to an extension of credit, such as credit insurance and a debt cancellation policy. For the purposes of this paragraph, "affiliate" has the same meaning as that term is defined in Title 9‑B, section 131, subsection 1‑A. Transactions covered by this exemption are limited to those that become effective only after the consumer has affirmed the terms and conditions of the agreement by an acceptance initiated by the consumer. [PL 2001, c. 276, §1 (NEW).] [PL 2005, c. 65, Pt. C, §17 (AMD).]
Section 4668Verify source

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  • 1 Oct 2025 · currentEnglish

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