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U.S. State Codes
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Missouri
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Title XXVI - Trade and Comm...
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Chapter 408 - Legal Tender and Interest
Chapter 408 - Legal Tender and Interest
Section 408.010 Silver a legal tender.
Section 408.015 Definitions.
Section 408.020 When no rate of interest is agreed upon, nine percent allowed as legal interest.
Section 408.030 Interest, maximum rate allowed — penalty for overcharge, limitation on action for — "market rate" to be determined, when, how — discounting to financial organizations authorized.
Section 408.031 Fee in lieu of interest may be charged on loan — exception.
Section 408.032 Recording fees.
Section 408.035 Unlimited interest, when allowed.
Section 408.036 Prepayment penalty by lender prohibited, exception — maximum permitted, exceptions — return of moneys above maximum permitted.
Section 408.040 Interest on judgments, how regulated — prejudgment interest allowed when, procedure.
Section 408.050 Excess interest paid recoverable with costs and attorney fee.
Section 408.052 Points prohibited, exception — penalties for illegal points — violation a misdemeanor — default charge authorized, when, exceptions.
Section 408.060 Defendant may plead usury — judgment, how rendered — corporations cannot enter plea of usury.
Section 408.070 Usurious interest — security agreement invalid.
Section 408.080 Interest may be paid on interest — compounding limited to once a month — prohibited for certain loans.
Section 408.081 Validity of certain existing contract not to be affected, when.
Section 408.083 Credit contracts, prepayment before maturity, computation of interest.
Section 408.090 Demand loans where only securities are pledged not subject to usury laws.
Section 408.092 Attorney fees, enforcement of credit agreements, limitations.
Section 408.095 Charging interest of more than two percent per month a misdemeanor, exceptions.
Section 408.096 Loan arrangement, excess fee prohibited for certain transactions — penalty.
Section 408.100 Applicability of section — rate of interest.
Section 408.105 Precomputed loans, extensions, fee, limitations.
Section 408.110 Short title — applicability of sections 408.120 to 408.190.
Section 408.120 Interest computed and paid, how.
Section 408.130 Borrower to receive statement of contract — contents — prepayment effect — receipts for payments.
Section 408.140 Additional charges or fees prohibited, exceptions — no finance charges if purchases are paid for within certain time limit, exception.
Section 408.145 Fees for credit cards issued in contiguous states.
Section 408.150 Lender can not receive excess interest — failure by lender to return excess interest, damages allowed.
Section 408.160 False advertising prohibited.
Section 408.170 Contracts paid in full before due date — recomputations of interest — refund defined.
Section 408.175 Interest rate when maturity of note or contract accelerated.
Section 408.178 Deferral of monthly loan payments, fee authorized for certain loans.
Section 408.180 Authority of director to verify interest rates charged.
Section 408.190 Certain loans exempt from sections 408.120 to 408.180, and 408.200.
Section 408.193 Credit cards, no derogatory reports to credit agencies for carrying a zero balance.
Section 408.200 Borrower not to be indebted on two or more contracts with same lender, when.
Section 408.210 Assignment of wages or compensation — excess over loan deemed interest.
Section 408.213 Changes to certain sections remedial only.
Section 408.231 Definitions.
Section 408.232 Rates and terms.
Section 408.233 Additional charges authorized.
Section 408.234 Minimum amount of loan — collateral — prepayment rights, method of computation.
Section 408.235 Director may examine certain lenders.
Section 408.236 Recovery of interest barred, when, exceptions — actions taken or omitted in reliance on interpretation by division of finance, effect.
Section 408.237 Applicability of sections 408.231 to 408.241.
Section 408.240 Penalties — actions taken or omitted in reliance on written interpretation by division, effect.
Section 408.241 Prepayment fee, second mortgage loans, allowed when.
Section 408.250 Definitions.
Section 408.260 Time contract, how executed — required contents — additional notes to cut off buyer's rights prohibited — waiver of buyer's legal remedies prohibited.
Section 408.270 Retail time contracts negotiated by mail — delivery unnecessary — notice of insertions in blanks.
Section 408.280 Insurance purchased to secure retail time contract, regulation.
Section 408.290 Retail charge agreement — form — delivery to buyer — contents.
Section 408.300 Time charges, amount authorized on retail time contracts — retail charge agreements, time charges authorized.
Section 408.310 Assignments of retail time contracts and charge agreements — notice to buyer, effect.
Section 408.320 Buyer may pay retail time contract debt before maturity — refund of charges.
Section 408.330 Delinquency and collection charges permitted — insurance premium in lieu of perfecting security interest authorized — attorney fees — consolidation of contracts — convenience fee, when.
Section 408.340 Applicability to prior transactions.
Section 408.350 Waiver of provisions void.
Section 408.360 Citation of law.
Section 408.365 Acceleration clauses, repossession or confession of judgment by power of attorney, right of entry to repossess and waiver of damages from repossession provisions, prohibited.
Section 408.370 Violation, penalty — effect on time and other charges — correction.
Section 408.375 Retail installment agreement, deemed signed or accepted, when.
Section 408.380 Sale of certain financial products and plans associated with certain loan transactions not prohibited.
Section 408.400 Definitions.
Section 408.405 Defenses or setoffs arising from transaction good against holder of security instrument, when.
Section 408.410 Exempt transactions.
Section 408.415 Chapter 400 is modified by provisions of sections 408.400 to 408.415.
Section 408.455 Variable rate agreements subject to certain provisions.
Section 408.500 Unsecured loans of five hundred dollars or less, licensure of lenders, interest rates and fees allowed — penalties for violations — cost of collection expenses — notice required, form.
Section 408.505 Term of loans, charges permitted, repayment, return check charge.
Section 408.506 Report to the general assembly, contents.
Section 408.510 Licensure of consumer installment lenders — interest and fees allowed.
Section 408.512 Loans by traditional installment loan lenders.
Section 408.550 Discrimination prohibited — damages recoverable.
Section 408.551 Applicability of sections 408.551 to 408.562 — credit transaction defined.
Section 408.552 Enforceability of default provisions.
Section 408.553 Recovery limitation.
Section 408.554 Notice of default, contents, form, delivery.
Section 408.555 Acceleration, repossession and cancellation restricted — required procedures — borrower's right to cure.
Section 408.556 Actions arising from default, contents of petition — default judgment requires sworn testimony — recovery of unpaid balances.
Section 408.557 Notice required before deficiency action may be commenced.
Section 408.558 Security interests not to be taken, when.
Section 408.560 Unenforceable provisions in note or credit contract.
Section 408.562 Damages recoverable for violation.
Section 408.570 Definitions.
Section 408.575 Denial of loans prohibited, when, reasons for.
Section 408.580 Applications to be accepted — written reasons for rejection required — display of statute required — retention of records — rulemaking, procedure.
Section 408.585 Limitation on requirements of sections 408.570 to 408.600.
Section 408.590 Division directors, report to governor and department director, contents.
Section 408.595 Financial institutions to make other annual report, contents.
Section 408.600 Division directors to enforce provisions of sections 408.570 to 408.600 — complaints, how handled — hearings — remedies.
Section 408.675 Citation of law — definitions.
Section 408.677 Government access to records, when — requirements.
Section 408.680 Financial institution may not disclose, exceptions, requirements.
Section 408.682 Customer authorization, requirements.
Section 408.683 Subpoena, government may obtain records with, when — procedure — notice required.
Section 408.685 Delay of notice, allowed when — postdisclosure notice, form of.
Section 408.686 Challenge to subpoena — procedure, appeals.
Section 408.687 Financial institution to assemble records upon subpoena — delivery of records, when.
Section 408.689 Transfer of records to additional agency, allowed when — notice.
Section 408.690 Nonprohibited disclosure activities.
Section 408.692 Law not applicable to government authority, when — procedure.
Section 408.693 Fee paid to financial institution, amount, how determined.
Section 408.695 Statute of limitations.
Section 408.696 Civil liability for violation, amount — disciplinary action against agency employee, when — good faith a valid defense, when — exclusive remedy.
Section 408.697 Injunctive relief, allowed when.
Section 408.699 Statute of limitations, tolled when.
Section 408.700 Subpoena issued under authority of grand jury, records, use of.
Section 408.800 Definitions.
Section 408.805 Savings promotion program authorized, conditions.
Section 408.810 Compliance with federal American Savings Promotion Act.
Section 408.815 Programs not gambling, gaming, lottery, raffle, or sweepstake.