This subchapter applies to transactions:

1. 1. Purposes That are incurred primarily for personal, family or household purposes;

   [PL 1999, c. 145, §1 (NEW).]

2. 2. Not open-end credit That are not open-end credit as that term is defined in Title 9‑A, section 1‑301, subsection 26;

   [PL 1999, c. 145, §1 (NEW).]

3. 3. Not involving multiple advances That do not contemplate multiple advances of funds as set forth in or required by the terms of the loan documents;

   [PL 1999, c. 145, §1 (NEW).]

4. 4. Location of lender or closing When the lending office or branch from which the loan is made is located in this State or the loan closing occurs within this State; and

   [PL 1999, c. 145, §1 (NEW).]

5. 5. Secured by mortgages That are secured by mortgages on real estate containing not more than 4 residential dwelling units.

   [PL 1999, c. 145, §1 (NEW).]

PL 1999, c. 145, §1 (NEW).