Effective – 28 Aug 2021, 3 histories 408.250. Definitions. — Unless otherwise clearly indicated by the context, the following words when used in sections 408.250 to 408.370, for the purposes of sections 408.250 to 408.370, shall have the meanings respectively ascribed to them in this section: (1) “Cash sale price” means the price stated in […]
Effective – 28 Aug 1975 408.260. Time contract, how executed — required contents — additional notes to cut off buyer’s rights prohibited — waiver of buyer’s legal remedies prohibited. — 1. Each retail time contract shall be in writing, shall be signed by both the buyer and the seller, and shall be completed prior to […]
Effective – 28 Aug 1961 408.270. Retail time contracts negotiated by mail — delivery unnecessary — notice of insertions in blanks. — Retail time contracts negotiated and entered into by mail without personal solicitation by salesmen or other representatives of the seller and based upon the catalog of the seller or other printed solicitation of […]
Effective – 28 Aug 1989 408.280. Insurance purchased to secure retail time contract, regulation. — 1. The amount, if any, included for insurance, if a separate identified charge is made for the insurance, which insurance may be purchased by the seller or other person holding a retail time contract or account under a retail charge […]
Effective – 28 Aug 1975 408.290. Retail charge agreement — form — delivery to buyer — contents. — 1. Every retail charge agreement shall be in writing and shall be signed by the retail buyer. A copy of any such agreement executed on or after October 13, 1961, shall be delivered or mailed to the […]
Effective – 28 Aug 2011 408.300. Time charges, amount authorized on retail time contracts — retail charge agreements, time charges authorized. — 1. Notwithstanding the provisions of any other law, the seller or other holder under a retail time contract may charge, receive and collect a time charge, which shall be in lieu of any […]
Effective – 28 Aug 1961 408.310. Assignments of retail time contracts and charge agreements — notice to buyer, effect. — Any person may purchase or acquire or agree to purchase or acquire from any seller any retail time contract or account under a retail charge agreement on such terms and conditions and at such price […]
Effective – 01 Jul 2003 408.320. Buyer may pay retail time contract debt before maturity — refund of charges. — Notwithstanding the provisions of any retail time contract to the contrary, any buyer may prepay in full at any time before maturity the debt of any retail time contract and on so paying such debt […]
Effective – 28 Aug 2017, 2 histories 408.330. Delinquency and collection charges permitted — insurance premium in lieu of perfecting security interest authorized — attorney fees — consolidation of contracts — convenience fee, when. — 1. If a retail time contract or a retail charge agreement so provides, the holder thereof may charge and collect: […]
Effective – 28 Aug 1961 408.340. Applicability to prior transactions. — The provisions of sections 408.250 to 408.370 shall not apply to retail time transactions consummated prior to the effective date hereof; provided, however, that with respect to any sale made subsequent to the effective date hereof pursuant to a retail charge agreement entered into […]
Effective – 28 Aug 1961 408.350. Waiver of provisions void. — Any waiver of the provisions of sections 408.250 to 408.370 shall be unenforceable and void. ——– (L. 1961 p. 638 § 12)
Effective – 28 Aug 1961 408.360. Citation of law. — Sections 408.250 to 408.370 may be cited as the “Missouri Retail Credit Sales Law”. ——– (L. 1961 p. 638 § 1)
Effective – 28 Aug 1975 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. — 1. No retail time contract shall contain any provision by which in the absence of the buyer’s default in the performance of any of […]
Effective – 28 Aug 1975 408.370. Violation, penalty — effect on time and other charges — correction. — 1. Any person who shall knowingly violate any provision of section 408.250 and sections 408.260 to 408.370 shall be deemed guilty of a misdemeanor and, upon conviction, shall be punished by a fine of not more than […]
Effective – 28 Aug 1998 408.375. Retail installment agreement, deemed signed or accepted, when. — As used in sections 408.250 to 408.370, a retail installment agreement shall be deemed to be signed or accepted by the buyer, if after a request for a retail installment account, the agreement or application for a retail installment account […]
Effective – 28 Aug 2011 408.380. Sale of certain financial products and plans associated with certain loan transactions not prohibited. — 1. Notwithstanding any provision of sections 408.140, 408.233, 408.300, or any other law to the contrary, no provision of such sections shall be construed to prohibit the sale of a deficiency waiver addendum, guaranteed […]
