Maine Revised Statutes

§11-113. Reinstatement

1.   A consumer who fails to make a timely rental payment but has returned or surrendered the rental property to the merchant within 7 days after missing a payment or within 2 business days of the merchant's request, whichever comes later, may reinstate the agreement without losing any rights or options that exist under the agreement by payment of:
A. All past due rental charges; and [1991, c. 787, (NEW).]
B. Other charges expressly provided in this Article, except any initial administrative fee. [2001, c. 287, §13 (AMD).]
[ 2001, c. 287, §13 (AMD) .]
4.   A consumer who has returned or surrendered the rental property within the reinstatement period set forth in subsection 1 may reinstate the agreement during a period of not less than 180 days after the date of the missed payment.
[ 2001, c. 287, §13 (AMD) .]
5.   Nothing in this section prevents a merchant from attempting to repossess property during the reinstatement period, but such a repossession does not affect the consumer's right to reinstate.
[ 1991, c. 787, (NEW) .]
6.   Upon reinstatement, the merchant shall provide the consumer with the same property or substitute property of comparable quality and condition.
[ 1991, c. 787, (NEW) .]
SECTION HISTORY
1991, c. 787, (NEW). 2001, c. 287, §13 (AMD).

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