Sec. D-1. 9-A MRSA §8-303, sub-§7, ¶B, as amended by PL 1991, c. 755, §1, is further amended to read:
B. The name and state of the financial institution underwriting the debt must appear in at least 10-point type on the face of on the credit card.
Sec. D-2. 9-B MRSA §241, sub-§7, as amended by PL 1991, c. 755, §2, is repealed and the following enacted in its place:
7. Restrictions on use of names of Maine financial institutions on credit cards. A credit card may be titled and may have the name of a financial institution authorized to do business in this State on the card if:
A. The terms of the credit card contract comply with the laws applicable to that financial institution; or
B. The name and state of the financial institution underwriting the debt appears on the credit card.
Effective June 30, 1998, unless otherwise indicated.
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