Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
029 - BUREAU OF FINANCIAL INSTITUTIONS
Chapter 140 - STUDENT LOAN DISCLOSURES
Section 029-140-VII - SANCTIONS AND ENFORCEMENT
Universal Citation: 02 ME Code Rules ยง 029-140-VII
Current through 2024-38, September 18, 2024
The provisions of the Maine Consumer Credit Code, Title 9-A MRSA, including Article5, Remedies and Penalties, Article 6, Administration (Part 1, Powers and Functions of Administrator) and Article 8, Truth-in-Lending, shall apply to violations of this regulation. In addition, if the lender is a financial institution, a violation of this rule shall constitute an unfair and deceptive trade practice, enforceable in accordance with Title 9-B, chapter 24.
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