Each agreement between a consumer and a loan broker must be in writing, dated and
signed by the consumer and must include the following: [2005, c. 274, §8 (AMD).]
A full and detailed description of the services to be performed for the consumer,
including all guarantees and all promises of full or partial refund of fees paid,
whether or not services are completed, and the length of time for which the agreement
remains in effect before return of the fees for nonperformance can be required by
1993, c. 495, §4 (AMD)
The terms and conditions of payment, including the total of all payments to be made
by the consumer or by any other person or entity, whether to the loan broker or to some other person; and
2007, c. 273, Pt. A, §29 (AMD);
2007, c. 273, Pt. A, §41 (AFF)
The following notice:
NOTICE TO CONSUMER: Do not sign this agreement before you read it. You are entitled
to a copy of this agreement.
1989, c. 70, §3 (NEW)
1989, c. 70, §3 (NEW).
1993, c. 495, §4 (AMD).
2005, c. 274, §§8,9 (AMD).
2007, c. 273, Pt. A, §41 (AMD).
2007, c. 273, Pt. A, §29 (AFF).
Data for this page extracted on 12/03/2013 11:50:56.
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