Maine Statutes
§ 10 §1298 — Reasonableness and good faith
Maine·Title 10 COMMERCE AND TRADE·Part 3 REGULATION OF TRADE·Ch. 208-B FARM MACHINERY, FORESTRY EQUIPMENT, CONSTRUCTION EQUIPMENT AND INDUSTRIAL EQUIPMENT DEALERSHIPS
1.Good faith.
Every agreement entered into under this chapter imposes on the parties the obligation to act in good faith.
2.Reasonableness.
This chapter imposes on every term and provision of any agreement a requirement of reasonableness. Every term or provision of any agreement must be interpreted so that the requirements or obligations imposed are reasonable.
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Legislative History
PL 1995, c. 462, §A22 (NEW). PL 1995, c. 462, §A23 (AFF).
Nearby Sections
15
§ 10 §12
Quorum§ 10 §1201
Short title§ 10 §1202
Definitions§ 10 §1203
Exceptions§ 10 §1204
Applicability of provisions§ 10 §1204-A
Unlawful practices§ 10 §1205
Bill in equity by injured person§ 10 §1206
Sale of cigarettes§ 10 §1207
Penalties§ 10 §1208
Summons§ 10 §1209
Reports§ 10 §1210
Charges after free trial period§ 10 §1210-A
Violation§ 10 §1210-B
Limitation§ 10 §1210-C
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