This is a promissory note for use in connection with the sale and purchase of a horse where financing is involved. It is a simple interest note that may be used in conjunction with an Installment Purchase and Security Agreement.
Maine Promissory Note - Horse Equine Forms
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FAQ
A promissory note does not have an expiry date per se; rather, its enforceability is tied to the limitation period. In Maine, this can extend up to six years as stated in the law. For specific terms regarding expiration and legal standing, refer to the Maine Promissory Note - Horse Equine Forms to ensure your document is valid.
