Mo. Rev. Stat. § 408.100

Current with changes from the 2024 Legislative Session
Section 408.100 - Applicability of section - rate of interest

This section shall apply to all loans which are not made as permitted by other laws of this state except that it shall not apply to loans which are secured by a lien on real estate. On any loan subject to this section, any person, firm, or corporation may charge, contract for and receive interest on the unpaid principal balance at rates agreed to by the parties.

§ 408.100, RSMo

Amended by 2021 Mo. Laws, SB 106,s A, eff. 8/28/2021.
L. 1951 p. 875 § 408.031, A.L. 1959 H.B. 320, A.L. 1979 S.B. 305, A.L. 1985 H.B. 358 & 440, A.L. 1998 S.B. 792