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§ 4.204 — Maine Law | CourtGPT
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  2. Laws/
  3. Maine/
  4. Title 9-a - : Maine Consumer Credit Code/
  5. Article 4 - : Insurance/
  6. Part 2 - : Consumer Credit Insurance9-a §4-201. Term of Insurance/
  7. § 4.204
Maine Legal Code

§ 4.204

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§4-204. Notice of right to cancel credit insurance in open-end transactions A creditor who provides consumer credit insurance in relation to open-end credit shall, at least annually, inform the consumer of the voluntary nature of the insurance and of his right to cancel that insurance at will. [PL 1985, c. 336, §7 (NEW).]SECTION HISTORY PL 1985, c. 336, §7 (NEW).