Maine Revised Statutes

Me. Rev. Stat. tit. 11, § 3-606 (2026)

Impairment of recourse or of collateral

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1993, c. 293, §A1 (RP).
Notes of Decisions
Cited in 2 cases, 1983–1991 · 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× “The defendant also argues that the justice erred in failing to give an instruction on whether or not, prior to Fon-taine cosigning the renewals of the note, the Bank had a duty to disclose to an accommodation party that it refused to submit the S.”
Poultry Processing, Inc. v. Mendelson, 584 A.2d 659 (Me. 1991). · cites it 2× “§ 9-207 is incorporated into the provisions of 11 M.R.S.A. § 3-606 makes no difference. The plaintiff has not breached that standard.”
— Me. Rev. Stat. tit. 11, § 3-606(l)(b) — 1 case
Poultry Processing, Inc. v. Mendelson, 584 A.2d 659 (Me. 1991). “§ 9-207 is incorporated into the provisions of 11 M.R.S.A. § 3-606 makes no difference. The plaintiff has not breached that standard.”
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