Me. Rev. Stat. » Title 9
Maine Revised Statutes

Me. Rev. Stat. tit. 9, § 3086 (2026)

Maximum interest; evasions

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1965, c. 205, §2 (AMD). PL 1967, c. 474, §6 (AMD). PL 1973, c. 762, §2 (RP).
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Notes of Decisions
Cited in 2 cases, 1967–1972 · leading case: Maine Merchants Ass'n, Inc. v. Campbell, 287 A.2d 430 (Me. 1972).
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Maine Merchants Ass'n, Inc. v. Campbell, 287 A.2d 430 (Me. 1972). · cites it 8× “3 The Commissioner’s position is that the revolving charge accounts constitute a violation of 9 M.R.S.A. § 3086 which reads as follows: "No person, copartnership or corporation, except as authorized by chapters 281 to 289, shall, directly or indirectly, charge, contract for or…”
In Re Perry, 272 F. Supp. 73 (D. Me. 1967). “9 M.R.S.A. § 3086. 60 . It should be noted that the word “charge” as used in small loan laws meáns “interest.”
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