Maine § 2-205. - Firm offers
Full text of Maine Maine Revised Statutes § 2-205. — Firm offers, with citation guidance and answers to common questions.
§ 2-205.. Firm offers
An offer by a merchant to buy or sell goods in a signed record that by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may such period of irrevocability exceed 3 months; but any such term of assurance on a form supplied by the offeree must be separately signed by the offeror. [PL 2023, c. 669, Pt. A, §20 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]
Frequently Asked Questions About Maine § 2-205.
What does Maine Revised Statutes § 2-205. cover?
Section 2-205. ("Firm offers") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 2-205.?
A common citation format is "Maine Revised Statutes § 2-205." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 2-205. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.