Sec. 10. 9-A MRSA §10-303, first ¶, as enacted by PL 1989, c. 70, §3, is amended to read:

Before any agreement is entered into, or before any money is paid by a consumer, whichever occurs first, the credit services organization loan broker shall provide the consumer with written disclosure of material consumer protections, including the following:

Sec. 11. 9-A MRSA §10-304, as enacted by PL 1989, c. 70, §3, is amended to read:

§10-304. Advertising

1. No credit services organization A loan broker may not engage in this State in false or misleading advertising concerning the terms and conditions of any services or assistance offered.

2. This section imposes no liability on the owner or personnel of any medium in which an advertisement appears or through which it is disseminated.

3.__A loan broker shall include its license number in all print advertising in this State.

Sec. 12. 9-A MRSA §10-305, as enacted by PL 1989, c. 70, §3, is amended to read:

§10-305. Rulemaking

The administrator may adopt reasonable rules pursuant to the Maine Administrative Procedure Act, Title 5, chapter 375, and in accordance with this article governing credit services organizations loan brokers.

Sec. 13. 9-A MRSA §10-306, as enacted by PL 2001, c. 262, Pt. A, §3, is amended to read:

§10-306. Privacy of consumer financial information

A credit services organization loan broker shall comply with the provisions of the federal Gramm-Leach-Bliley Act, 15 United States Code, Section 6801 et seq. (1999) and the applicable implementing federal Privacy of Consumer Information regulations, as adopted by the Office of the Comptroller of the Currency, 12 Code of Federal Regulations, Part 40 (2001); the Board of