Sec. 1. 9-A MRSA §3-202, as repealed and replaced by PL 1981, c. 618, §7, is repealed and the following enacted in its place:

§3-202.__Entitlement to copy of written agreement

When a written agreement that requires or provides for the signature of the consumer and that evidences a consumer credit transaction other than one pursuant to open-end credit, the consumer is entitled to a copy of the agreement upon request to the creditor.

Sec. 2. 9-A MRSA §3-204, sub-§2, as amended by PL 1983, c. 720, §11, is further amended to read:

2. A creditor may change the terms of an open-end credit account whether or not the change is authorized by prior agreement. Except as provided in subsections 3 and 3-A, the creditor shall give to the consumer written notice of any change of terms relating to penalties, interest or other charges at least 30 days before the effective date of the change. Any Except when an open-end credit account involving the use of a credit card, a change of terms which that would increase any penalty, interest or other charges may not affect outstanding balances incurred prior to the effective date of any such change unless:

A. The creditor includes in the notice of change an offer to finance by a separate loan arrangement the outstanding unpaid balance as of the effective date of the change at the same rate of interest with the same repayment schedule as applies to that open-end credit account;

B. The consumer may accept the offer of a separate loan arrangement with respect to the then existing unpaid balance anytime prior to 7 days before the change is to become effective;

C. The creditor has legal authority to make such a loan; and

D. No minimum finance charge is assessed nor prepayment penalty charged on the loan.

Sec. 3. 9-A MRSA §3-310, sub-§1, ¶¶A and D, as repealed and replaced by PL 1989, c. 457, §§3 and 9 and affected by c. 600, Pt. B, §§7 and 8, are amended to read: