Public Laws

124th Legislature

Second Regular Session


Parts: A B

Chapter 476

H.P. 1208 - L.D. 1707

PART A

Sec. A-1. 9-A MRSA §5-111, sub-§6  is enacted to read:

6   Notwithstanding the other provisions of this section, a notice to cure default for a consumer credit transaction secured by a mortgage subject to Title 14, section 6111 must satisfy the requirements of Title 14, section 6111 and not the requirements of this section.

Sec. A-2. 14 MRSA §6111, sub-§5,  as enacted by PL 1997, c. 579, §4, is repealed.

Sec. A-3. Application. This Part applies to any mortgage required to comply with the Maine Revised Statutes, Title 14, section 6111 for which a notice to cure default pursuant to Title 14, section 6111 has not been issued by a mortgagee before the effective date of this Part.

Office of the Revisor of Statutes
State House, Room 108
Augusta, ME 04333