Section 408.410 Exempt transactions.

MO Rev Stat § 408.410 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Effective 28 Aug 1974

408.410. Exempt transactions. — Sections 408.400 to 408.415 are not applicable to:

(1) An instrument or other writing which evidences a loan or indebtedness to a lender or person, other than a seller or lessor, which was not arranged by a seller or lessor, the proceeds of which are used by the buyer or lessee to satisfy an obligation to a seller or lessor;

(2) Credit card sales on a credit card issued by an issuer other than the seller.

­­--------

(L. 1974 H.B. 1047, et al. § 3)