reglab/housing_qa huggingface dataset:
MO Rev Stat § 408.213 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.213 - Changes to certain sections remedial only.

Effective - 28 Aug 2004   408.213. Changes to certain sections remedial only. — The changes in sections 408.140, 408.145, 408.190, and 408.232 are remedial and should be given that construction; however, this section shall have no effect, favorably or unfavorably, on any case filed in court prior to January 1, 2004. ­­-------- (L. 2004 H.B. 959 § 408.480)
MO Rev Stat § 408.231 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.231 - Definitions.

Effective - 28 Aug 1994   408.231. Definitions. — 1. A "second mortgage loan" shall mean a loan secured in whole or in part by a lien upon any interest in residential real estate created by a security instrument, including a mortgage, trust deed, or other similar instrument or document, which provides for interest to be calculated at the rate allowed by the provisions of section 408.232, which residential real estate is subject to one or more prior mortgage loans.  2. "Principal" of a second mortgage loan means the total of the net amount paid to, receivable by, contracted for, or paid or payable for the account of the borrower, and to the extent payment is deferred, additional charges permitted by section 408.233.  3. "Residential real estate" shall mean any real estate used or intended to be used as a residence by not more than four families, notwithstanding the provisions of section 408.015. ­­-------- (L. 1979 S.B. 305, A.L. 1980 H.B. 1195, A.L. 1981 S.B. 5 Revision, A.L. 1985 S.B. 183, A.L. 1986 S.B. 667, A.L. 1994 H.B. 1312 merged with S.B. 718)
MO Rev Stat § 408.232 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.232 - Rates and terms.

Effective - 28 Aug 2004   408.232. Rates and terms. — 1. With respect to a second mortgage loan, any person, firm or corporation may charge, contract for, and receive interest in any manner at rates agreed to by the parties computed on unpaid balances of the principal for the time actually outstanding.  2. The term of the loan, for purposes of this section, commences with the date the loan is made. Differences in the lengths of months are disregarded, and a day may be counted as one-thirtieth of a month and one-three hundred sixtieth of a year. When a second mortgage loan contract provides for monthly installments, the first installment may be payable at any time within one month and fifteen days of the date of the loan.  3. For revolving loans, charges may be computed at a daily rate of one-thirtieth of the monthly rate on actual daily balances or at a monthly rate on the average daily balance in each monthly billing cycle.  4. Sections 408.231 to 408.241 shall not apply to any loans on which the rate of interest and fees charged are lawful under Missouri law without regard to the rates permitted in subsection 1 of this section and the fees permitted in section 408.233. ­­-------- (L. 1979 S.B. 305, A.L. 1980 H.B. 1195, A.L. 1981 S.B. 5 Revision, A.L. 1994 H.B. 1312 merged with S.B. 718, A.L. 1998 S.B. 792, A.L. 2004 H.B. 959)
MO Rev Stat § 408.234 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.234 - Collateral — prepayment rights, method of computation.

Effective - 28 Aug 2021, 2 histories   408.234. Collateral — prepayment rights, method of computation. — 1. A lender may take a security interest in any collateral in conjunction with residential real estate in connection with a second mortgage loan.  2. The borrower shall have an unconditional right to prepay any second mortgage loan. If any such loan providing for interest being added to the principal is prepaid in full one month or more before the final installment date, the lender shall recompute the amount of interest earned to the date of prepayment in full on the basis of the rate of interest originally contracted for computed on the actual unpaid principal balances for the time actually outstanding.  3. When fees charged need not be disclosed in the annual percentage rate required by Title 15, U.S.C. Sections 1601, et seq., and regulations thereunder because such fees are deminimus amounts or for other reasons, such fees need not be included in the annual percentage rate for state examination purposes. ­­-------- (L. 1979 S.B. 305, A.L. 1980 H.B. 1195, A.L. 1981 S.B. 5 Revision, A.L. 1994 H.B. 1312 merged with S.B. 718, A.L. 2000 S.B. 896, A.L. 2021 S.B. 106)
MO Rev Stat § 408.235 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.235 - Director may examine certain lenders.

Effective - 28 Aug 1994   408.235. Director may examine certain lenders. — The director of the division of finance shall have full power and authority at any time and as often as reasonably necessary to investigate and examine the books, records, and papers of any lender making second mortgage loans pursuant to this act*, and may compel the production of all relevant books, records, accounts, and documents with respect to loans made under sections 408.231 to 408.241. Provided, however, this section shall not apply to those corporations whose powers emanate from the laws of the United States and those which are subject to the divisions of credit unions and finance. ­­-------- (L. 1979 S.B. 305, A.L. 1994 H.B. 1312 merged with S.B. 718)  *"This act" (H.B. 1312, 1994, and S.B. 718, 1994) contained numerous sections. Consult Disposition of Sections table for a definitive listing.
MO Rev Stat § 408.236 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.236 - Recovery of interest barred, when, exceptions — actions taken or omitted in reliance on interpretation by division of finance, effect.

Effective - 28 Aug 1994   408.236. Recovery of interest barred, when, exceptions — actions taken or omitted in reliance on interpretation by division of finance, effect. — Any person violating the provisions of sections 408.231 to 408.241 shall be barred from recovery of any interest on the contract, except where such violations occurred either:  (1) As a result of an accidental and bona fide error of computation; or  (2) As a result of any acts done or omitted in reliance on a written interpretation of the provisions of sections 408.231 to 408.241 by the division of finance. ­­-------- (L. 1979 S.B. 305, A.L. 1988 H.B. 1355, A.L. 1994 H.B. 1312 merged with S.B. 718)
MO Rev Stat § 408.237 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.237 - Applicability of sections 408.231 to 408.241.

Effective - 28 Aug 1994   408.237. Applicability of sections 408.231 to 408.241. — Sections 408.231 to 408.241 shall not apply to any transaction in which a single extension of credit is allocated between a first lien and any number of subordinate liens, for the purpose or with the result of contracting for or receiving a higher rate of interest than would have been permitted if the loan had been made under section 408.030. ­­-------- (L. 1979 S.B. 305, A.L. 1994 H.B. 1312 merged with S.B. 718)
MO Rev Stat § 408.240 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.240 - Penalties — actions taken or omitted in reliance on written interpretation by division, effect.

Effective - 28 Aug 1994   408.240. Penalties — actions taken or omitted in reliance on written interpretation by division, effect. — Any person, firm, or corporation who or which shall violate the provisions of sections 408.100 to 408.241 and any member, officer, director, agent or employee of such person, firm or corporation who shall participate in such violation shall be guilty of a class A misdemeanor, except where such violation occurred either:  (1) As a result of an accidental and bona fide error of computation; or  (2) As a result of any acts done or omitted in reliance on a written interpretation of sections 408.231 to 408.241 by the division of finance. Section 408.095 shall not apply to a loan which complies with sections 408.100 to 408.241. ­­-------- (L. 1979 S.B. 305, A.L. 1988 H.B. 1355, A.L. 1994 H.B. 1312 merged with S.B. 718)
MO Rev Stat § 408.241 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.241 - Prepayment fee, second mortgage loans, allowed when.

Effective - 07 Mar 1991   408.241. Prepayment fee, second mortgage loans, allowed when. — Notwithstanding the provisions of sections 408.233 and 408.234, a prepayment fee may be charged on second mortgage loans, as defined in section 408.231, under the same provisions as is allowed under section 408.036. ­­-------- (L. 1991 H.B. 180 § 1)  Effective 3-07-91
MO Rev Stat § 408.270 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.270 - Retail time contracts negotiated by mail — delivery unnecessary — notice of insertions in blanks.

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 business, which is distributed and made available generally to the public, if such catalog or other printed solicitation clearly sets forth the cash and time sale prices and other terms of sales to be made through such medium, may be made as provided in this section. All provisions of sections 408.250 to 408.370 shall apply to such sales except that the seller shall not be required to deliver a copy of the contract to the buyer as provided in section 408.260 and if the contract when received by the seller contains any blank spaces the seller may insert in the appropriate blank space the amounts of money and other terms which are set forth in the seller's catalog or other printed solicitation which is then in effect. In lieu of sending the buyer a copy of the contract as provided in section 408.260, the seller shall furnish to the buyer a written statement of any items inserted in the blank spaces in the contract received from the buyer. ­­-------- (L. 1961 p. 638 § 4)
MO Rev Stat § 408.290 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.290 - Retail charge agreement — form — delivery to buyer — contents.

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 retail buyer by the retail seller prior to the date on which the first payment is due thereunder. An acknowledgment of the delivery thereof contained in the body of the agreement shall be conclusive proof of delivery in any action. All agreements executed on or after said date shall state the amount or rate of the time charge to be charged and paid pursuant thereto or shall state that a time charge not in excess of that permitted by law will be charged and paid pursuant thereto; and may in the event of default of any payment required by the agreement, provide for the payment of attorney fees not exceeding fifteen percent of the total unpaid balance where such balance is referred for collection to an attorney not a salaried employee of the seller and for court costs.  2. The retail seller under a retail charge agreement shall promptly supply the retail buyer under such agreement with a statement at the time of sale or as of the end of each monthly period (which need not be a calendar month) or other regular period agreed upon by the retail seller and the retail buyer in which there is any unpaid balance thereunder, which shall recite the following:  (1) The total unpaid balance under the retail charge agreement at the beginning and end of the period;  (2) Unless otherwise furnished by the retail seller to the retail buyer by sales slip, memorandum, or otherwise, a description of the goods or services purchased, the cash sale price and the date of each purchase;  (3) The payments made by the retail buyer to the retail seller and any other credits to the retail buyer during the period;  (4) The amount of the time charge, if any;  (5) A legend to the effect that the retail buyer may at any time pay his total unpaid balance. ­­The above items need not be stated in the sequence or order set forth. ­­-------- (L. 1961 p. 638 § 6, A.L. 1975 S.B. 71)
MO Rev Stat § 408.310 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.310 - Assignments of retail time contracts and charge agreements — notice to buyer, effect.

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 as may be agreed upon between them. Filing of the assignment, notice to the buyer of the assignment, and any requirement that the purchaser or other assignee maintain dominion over the payments or the goods if repossessed shall not be necessary to the validity of a written assignment of such a contract or account as against creditors, subsequent purchasers, pledges, mortgagees and lien claimants of the seller. Unless the buyer has notice of the assignment of his contract or account, payment thereunder made by the buyer to the seller or to the last known purchaser or other assignee of such contract or account shall be binding upon all subsequent purchasers or other assignees. ­­-------- (L. 1961 p. 638 § 8)
MO Rev Stat § 408.320 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.320 - Buyer may pay retail time contract debt before maturity — refund of charges.

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 shall receive a refund credit thereof for such anticipation of payments. The amount of such refund shall be calculated by the actuarial method. The lender shall retain no more interest than is actually earned whenever a retail time contract is prepaid. ­­-------- (L. 1961 p. 638 § 9, A.L. 1986 H.B. 1207, A.L. 2002 S.B. 895)  Effective 7-01-03
MO Rev Stat § 408.330 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|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.

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:  (1) A premium for insurance in lieu of charges for perfecting a security interest required by the lender if the premium does not exceed the fees which would otherwise be payable;  (2) Charges assessed by any institution for processing a refused instrument plus a handling fee of not more than fifteen dollars;  (3) A delinquency and collection charge on each installment in default for a period of not less than ten days in an amount not to exceed ten dollars or five dollars when the monthly installment is less than twenty-five dollars; or  (4) Interest on each delinquent payment thereunder at a rate which will not exceed the highest lawful contract rate. In addition to such delinquency charge, the contract may provide for the payment of attorney fees not exceeding fifteen percent of the amount due and payable under such contract where such contract is referred for collection to an attorney not a salaried employee of the holder of the contract and for court costs.  2. The parties to a retail time contract who have entered into more than one contract at substantially different times may agree to consolidate such contracts resulting in a single schedule of payments; provided, however, that the time charge on the new unpaid balance shall not exceed the maximum specified in section 408.300.  3. A holder of a contract may impose a convenience fee for payments using an alternative payment channel that accepts a debit or credit card not present transaction, nonface-to-face payment, provided that:  (1) The person making the payment is notified of the convenience fee; and  (2) The fee is fixed or flat, except that the fee may vary based upon method of payment used. ­­-------- (L. 1961 p. 638 § 10, A.L. 1975 S.B. 71, A.L. 1989 H.B. 386 merged with S.B. 192, A.L. 1990 H.B. 1788, A.L. 1992 S.B. 705, A.L. 1994 S.B. 718, A.L. 2017 H.B. 292)
MO Rev Stat § 408.340 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.340 - Applicability to prior transactions.

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 prior to the effective date hereof, the provisions of sections 408.250 to 408.370 shall apply if (1) prior to the making of such sale the seller shall have delivered or mailed to the buyer a copy of a retail charge agreement, duly executed on behalf of the seller, conforming, except for the buyer's signature, with the provisions of section 408.290, and (2) the seller thereafter complies with all the other provisions of sections 408.250 to 408.370. ­­-------- (L. 1961 p. 638 § 13)
MO Rev Stat § 408.350 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.350 - Waiver of provisions void.

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)
MO Rev Stat § 408.360 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.360 - Citation of law.

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)
MO Rev Stat § 408.365 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|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.

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 his obligations, the seller or holder may arbitrarily and without reasonable cause accelerate the maturity of any part or all of the amount owing thereunder.  2. No retail time contract or retail charge agreement shall contain any provision by which:  (1) A power of attorney is given to confess judgment, or an assignment of wages is given;  (2) The seller or holder of the contract or other person acting on his behalf is given authority to enter upon the buyer's premises unlawfully or to commit any breach of the peace in the repossession of goods;  (3) The buyer waives any right of action against the seller or holder of the contract or other person acting on his behalf, as the buyer's agent in the collection of payments under the contract or in the repossession of goods; or  (4) The buyer executes a power of attorney appointing the seller or holder of the contract, or other person acting on his behalf, as the buyer's agent in collection of payments under the contract or in the repossession of goods. ­­-------- (L. 1975 S.B. 71)
MO Rev Stat § 408.370 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.370 - Violation, penalty — effect on time and other charges — correction.

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 five hundred dollars or by imprisonment for not more than six months or both.  2. Any person violating sections 408.260 to and including 408.330, except as the result of an accidental and bona fide error of computation, shall be barred from recovery of any time charge, delinquency or collection charge on the contract.  3. Notwithstanding the other provisions of this section, the failure to comply with any provision of section 408.250 and sections 408.260 to 408.370 with respect to any retail time transaction may be corrected by the seller, or other person holding the retail time contract or account under a retail charge agreement, at any time after the execution thereof, but in any event not later than ten days after such person shall have been notified thereof in writing by the buyer, and, if so corrected, such person shall not be subject to any criminal penalty, civil forfeiture, or private cause of action under sections 408.250 to 408.370 for such failure.  4. Any buyer, who suffers an ascertainable loss of money or property, real or personal, as a result of the use or employment of any method, act or practice in violation of section 408.250 and sections 408.260 to 408.370, which is not restored by action taken pursuant to subsection 3 of this section, may bring a private cause of action pursuant to section 407.025.  5. No private action for the recovery of damages under the provisions of subsection 4 of this section shall be commenced after three years from the date of the last method, act, or practice in violation of sections 408.250 to 408.260, 408.290, 408.300, 408.330, 408.365 and 408.370. The limitation on the commencement of action provided in this subsection shall be tolled for the same reason and in the same manner as other limitations on the bringing of actions under the provisions of chapter 516. ­­-------- (L. 1961 p. 638 § 11, A.L. 1975 S.B. 71)
MO Rev Stat § 408.375 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.375 - Retail installment agreement, deemed signed or accepted, when.

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 is in fact signed by the buyer, or if the retail installment account is used by the buyer, or if the retail installment account is used by another person authorized by the buyer to use it. ­­-------- (L. 1998 H.B. 1189 § 1)