Maine § 9-B §243 Tie-in arrangements

Maine Statutes

§ 9-B §243 — Tie-in arrangements

Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 2 BUREAU OF FINANCIAL INSTITUTIONS·Ch. 24 ANTICOMPETITIVE OR DECEPTIVE PRACTICES

1.Prohibition. A financial institution authorized to do business in this State or a credit union authorized to do business in this State may not in any manner extend credit, lease or sell property, or furnish any service, or fix or vary the consideration for any of the foregoing on the condition, agreement, requirement or understanding:

2.Exceptions. The superintendent may, pursuant to rules issued in accordance with section 251, permit such exceptions to the prohibitions in subsection 1 as the superintendent considers will not be contrary to the public interest and the purposes of this section.

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1.
Prohibition.
A financial institution authorized to do business in this State or a credit union authorized to do business in this State may not in any manner extend credit, lease or sell property, or furnish any service, or fix or vary the consideration for any of the foregoing on the condition, agreement, requirement or understanding:
2.
Exceptions.
The superintendent may, pursuant to rules issued in accordance with section 251, permit such exceptions to the prohibitions in subsection 1 as the superintendent considers will not be contrary to the public interest and the purposes of this section.

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