Maine Revised Statutes

Me. Rev. Stat. tit. 11, § 3-415 (2026)

Contract of accommodation party

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
Notes of Decisions
Cited in 6 cases, 1979–1994 · leading case: Maine Nat'l Bank v. Fontaine, 456 A.2d 1273 (Me. 1983).
Maine Nat'l Bank v. Fontaine, 456 A.2d 1273 (Me. 1983). · cites it 2× “Discussion The defendant argues that because the issue is raised by the facts, he is entitled to a jury instruction on the issue of whether or not he signed the note as an accommodation party.” “An accommodation party is one who signs the instrument in any capacity for the…”
Judkins Ins. Agency, Inc. v. Whitney, 588 A.2d 298 (Me. 1991). · cites it 3× “See 11 M.R.S.A. § 3-415 (1964); Maine National Bank v.”
First NH Bank v. Lawlor, 600 A.2d 1120 (Me. 1992). · cites it 2× “” 11 M.R.S.A. § 3-415(1). We have held that one may be considered an accommodation party even if he signs as a maker.”
N. J. Gendron Lumber Co. v. Great N. Homes, Inc., 395 N.E.2d 457 (Mass. App. Ct. 1979). “Me. Rev. Stat. Ann. tit. 11, § 3-415 (1) (1964).”
Fiatallis North Am., Inc. v. Hill, 650 A.2d 222 (Me. 1994). “§ 3-416 (1964) provided in pertinent part: (1) "Payment guaranteed” or equivalent words added to a signature mean that the signer engages that, if the instrument is not paid when due, he will pay it according to its tenor without resort by the holder of any other party.”
Camden Nat'l Bank v. Bonnar, 408 A.2d 385 (Me. 1979). “Finally, defendant could be considered to be an accommodation party or surety within the meaning of 11 M.R.S.A. § 3-415. As such his signature would provide plaintiff with an alternate source of payment to the Corporation under the same terms as described above, depending on…”
— Me. Rev. Stat. tit. 11, § 3-415(1) — 2 cases
Maine Nat'l Bank v. Fontaine, 456 A.2d 1273 (Me. 1983). “Discussion The defendant argues that because the issue is raised by the facts, he is entitled to a jury instruction on the issue of whether or not he signed the note as an accommodation party.” “An accommodation party is one who signs the instrument in any capacity for the…”
First NH Bank v. Lawlor, 600 A.2d 1120 (Me. 1992). “” 11 M.R.S.A. § 3-415(1). We have held that one may be considered an accommodation party even if he signs as a maker.”
— Me. Rev. Stat. tit. 11, § 3-415(3) — 2 cases
Maine Nat'l Bank v. Fontaine, 456 A.2d 1273 (Me. 1983). “Discussion The defendant argues that because the issue is raised by the facts, he is entitled to a jury instruction on the issue of whether or not he signed the note as an accommodation party.” “An accommodation party is one who signs the instrument in any capacity for the…”
First NH Bank v. Lawlor, 600 A.2d 1120 (Me. 1992). “” 11 M.R.S.A. § 3-415(1). We have held that one may be considered an accommodation party even if he signs as a maker.”
— Me. Rev. Stat. tit. 11, § 3-415(5) — 1 case
Judkins Ins. Agency, Inc. v. Whitney, 588 A.2d 298 (Me. 1991). “See 11 M.R.S.A. § 3-415 (1964); Maine National Bank v.”
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