Maine Revised Statutes Title 9-A Sec. 9-406 – Refunds and penalties as set-off to obligation
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Terms Used In Maine Revised Statutes Title 9-A Sec. 9-406
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Refunds or penalties to which the consumer is entitled pursuant to this Part may be set off against the consumer’s obligation and may be raised as a defense to a suit on the obligation without regard to the time limitations prescribed by this Part. [PL 1987, c. 396, §12 (NEW).]
SECTION HISTORY
PL 1987, c. 396, §12 (NEW).