| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 9-A MRSA §3-308, sub-§3, as repealed and replaced by PL 1985, | | c. 113, §2, is amended to read: |
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| | | 3. A schedule of payments may provide for the deferral of the | | first periodic payment subsequent to any down payment for a | period of not more than 90 days |
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| | | This bill changes the requirement on allowing deferment of the | | first periodic payment from not more than 90 days to not more | | than 12 months. |
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