reglab/housing_qa huggingface dataset:
MO Rev Stat § 407.1368 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 407 - Merchandising Practices|Section 407.1368 - Repurchase required, when.

Effective - 28 Aug 2004   407.1368. Repurchase required, when. — If the boat, marine, vessel, or personal watercraft dealer agreement is terminated, cancelled or not renewed by the manufacturer for cause, the manufacturer shall, at the election of the boat, marine, vessel, or personal watercraft dealer, within thirty days of termination, repurchase:  (1) (a) All new, untitled current model year inventory, acquired from the manufacturer, which has not been used (except for demonstration purposes), altered or damaged to the extent that such damage must be disclosed to the consumer pursuant to section 407.1343, at one hundred percent of the net invoice cost, less transportation, applicable rebates, and discounts to the dealer;  (b) All new, untitled inventory of the prior model year, acquired from the manufacturer, provided the prior model year vessels have not been altered, used (except for demonstration purposes) or damaged to the extent that such damage must be disclosed to the consumer pursuant to section 407.1343, and were drafted on the dealer's financing source or paid within one hundred twenty days prior to the effective date of the termination, cancellation, or nonrenewal;  (c) Any other existing inventory provided the boat, marine, vessel, or personal watercraft dealer and the manufacturer have agreed on a wholesale value for such inventory. ­­In the event any of the vessels repurchased pursuant to this subdivision are damaged, but do not trigger the consumer disclosure requirement, the amount due the dealer shall be reduced by the cost to repair the vessels. Damage prior to delivery to dealer that is disclosed at the time of delivery will not disqualify repurchase under this provision;  (2) All current and undamaged manufacturer's accessories and proprietary parts sold to the dealer for resale, if accompanied by the original invoice, at one hundred percent of the original net price paid to the manufacturer minus a ten percent freight and restocking expense *. ­­-------- (L. 2004 H.B. 1288)  *Word "; and" appears in original rolls.
MO Rev Stat § 407.1370 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 407 - Merchandising Practices|Section 407.1370 - Applicability.

Effective - 28 Aug 2004   407.1370. Applicability. — The provisions of sections 407.1360 to 407.1370 shall apply to all dealership agreements entered into or renewed on or after January 1, 2005. ­­-------- (L. 2004 H.B. 1288)
MO Rev Stat § 407.1380 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 407 - Merchandising Practices|Section 407.1380 - Definitions.

Effective - 28 Aug 2008   407.1380. Definitions. — As used in sections 407.1380 to 407.1384, the following terms shall mean:  (1) "Account review", activities related to account maintenance, monitoring, credit line increases, and account upgrades and enhancements;  (2) "Consumer", any individual;  (3) "Consumer credit reporting agency", any entity that, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages, in whole or in part, in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer credit reports to third parties. The term "consumer credit reporting agency" shall not include an entity that acts only as a reseller of credit information by assembling and merging information contained in the database of another consumer credit reporting agency and who does not maintain a permanent database of credit information from which consumer reports are produced and who does not furnish consumer reports to third parties;  (4) "Credit report", any written or electronic communication of any information by a consumer credit reporting agency that in any way bears upon a person's credit worthiness, credit capacity, or credit standing;  (5) "Security freeze", a notice placed in a consumer's credit report, at the request of the consumer and subject to certain exceptions, that prohibits the consumer credit reporting agency from releasing the consumer's credit report or score relating to the extension of credit without the express authorization of the consumer. ­­-------- (L. 2008 H.B. 1384 and H.B. 2157)
MO Rev Stat § 407.1384 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 407 - Merchandising Practices|Section 407.1384 - Agency liability for failure to comply, damages and equitable relief.

Effective - 28 Aug 2008   407.1384. Agency liability for failure to comply, damages and equitable relief. — 1. Any consumer credit reporting agency that knowingly fails to comply with the provisions of sections 407.1380 to 407.1384 shall be liable to the consumer who is subject to the credit report in an amount equal to:  (1) Any actual damages sustained by the consumer due to such failure; and  (2) Any court costs and fees assessed in maintaining the action, as well as reasonable attorney's fees.  2. In addition to the foregoing monetary sums, a court, upon request of the damaged consumer, shall award such equitable relief as may be necessary to restore the damaged consumer's credit and to discourage future violations of sections 407.1380 to 407.1384 by the consumer credit reporting agency. ­­-------- (L. 2008 H.B. 1384 and H.B. 2157)
MO Rev Stat § 407.1385 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 407 - Merchandising Practices|Section 407.1385 - Processing of applications for credit — effect of security freeze.

Effective - 28 Aug 2008   407.1385. Processing of applications for credit — effect of security freeze. — It shall not be considered a violation of any law that requires an application for credit to be processed within a specified time frame if a creditor is unable to meet this time frame because of inability to access a credit report due to a security freeze. ­­-------- (L. 2008 H.B. 1384 and H.B. 2157)
MO Rev Stat § 407.1400 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 407 - Merchandising Practices|Section 407.1400 - Processing services agreements, required disclosures — inapplicability, when.

Effective - 28 Aug 2014   407.1400. Processing services agreements, required disclosures — inapplicability, when. — 1. Any person or entity that offers a credit card processing service in this state shall disclose the following information on any contract or agreement to render a credit card processing service:  (1) The effective date of the contract;  (2) The term of the contract;  (3) The amount of any monthly minimum fee or charge for the credit card processing service; and  (4) The amount of any fee or charge for terminating the contract or agreement.  2. The disclosures required in subsection 1 of this section and any other terms and conditions pertaining to the use of the credit card processing service shall be printed in eight-point font at a minimum.  3. Nothing in this section shall limit the rights or remedies that are otherwise available to a person or an entity that has contracted with a credit card processing service.  4. The obligations of this section are cumulative and do not limit the obligations imposed under any other state or federal law.  5. The provisions of this section shall not apply to:  (1) A state bank or a state savings association that offers a credit card processing service or is a party to a contract that offers a credit card processing service; or  (2) A national bank or a national savings association that offers a credit card processing service or a party to a contract that offers a credit card processing service in connection with a national bank or national savings association; or  (3) The parent, affiliate, or subsidiary of any bank or savings association that offers a credit card processing service; or  (4) A credit union that offers a credit card processing service or is a party to a contract that offers a credit card processing service; or  (5) The parent, affiliate, or subsidiary of any credit union that offers a credit card processing service; or  (6) A trade or business organization or association that offers a credit card processing service or is a party to a contract that offers a credit card processing service.  6. The provisions of this section shall only apply to new contracts entered into after August 28, 2014. ­­-------- (L. 2014 H.B. 1270)
MO Rev Stat § 407.1610 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 407 - Merchandising Practices|Section 407.1610 - Speculative accumulation of asphalt shingles prohibited.

Effective - 28 Aug 2014   *407.1610. Speculative accumulation of asphalt shingles prohibited. — It shall be unlawful for any person or entity to engage in the speculative accumulation of asphalt roofing shingles in any city not within a county. For the purposes of this section, the term "speculative accumulation" means the collection or storage of asphalt shingles without a showing that, during a calendar year, at least seventy-five percent of the material accumulated during the year, either by weight or by volume, will be recycled for other use. ­­-------- (L. 2014 S.B. 672)  *Revisor's Note: This section was declared unconstitutional in Calzone v. Koster, et al., see 2016 annotation below. (2016) Provisions of S.B. 672 from 2014 declared unconstitutional as violating the single subject rule of Article III, § 23; under the facts presented, those provisions cannot be severed and the bill is unconstitutional in its entirety. Calzone v. Koster, et al., Case No. 15AC-CC00247 (Cole County Cir. Ct., Feb. 9, 2016).
MO Rev Stat § 408.010 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.010 - Silver a legal tender.

Effective - 28 Aug 1939   408.010. Silver a legal tender. — The silver coins of the United States are hereby declared a legal tender, at their par value, fixed by the laws of the United States, and shall be receivable in payment of all debts, public or private, hereafter contracted in the state of Missouri; provided, however, that no person shall have the right to pay, upon any one debt, dimes and half dimes to an amount exceeding ten dollars, or of twenty and twenty-five cent pieces exceeding twenty dollars. ­­-------- (RSMo 1939 § 3359)  Prior revisions: 1929 § 2972; 1919 § 7100; 1909 § 8099
MO Rev Stat § 408.015 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.015 - Definitions.

Effective - 01 Mar 2011, 2 histories   408.015. Definitions. — As used in sections 408.020 to 408.562:  (1) "Bank" shall mean bank, trust company, or bank and trust company;  (2) "Business loan" shall mean a loan to an individual or a group of individuals, the proceeds of which are to be used in a business or for the purpose of acquiring an interest in a business. The term shall also include a loan to a trust, estate, cooperative, association, or limited or general partnership;  (3) "Corporation" shall mean any corporation, whether for profit or not for profit, and including any urban redevelopment corporation;  (4) "Lender" shall include any bank, savings and loan association, credit union, corporation, partnership, or any other person or entity who makes loans or extends credit;  (5) "Monthly Index of Long Term United States Government Bond Yields" shall mean the monthly unweighted average yield for all outstanding United States Treasury bonds neither due nor callable in less than ten years, based on the daily closing bid prices in the over the counter market, as determined by the Board of Governors of the Federal Reserve System, published in the Federal Reserve Bulletin, and expressed in terms of percent per annum;  (6) "Residential real estate" shall mean any real estate used or intended to be used as a residence by not more than four families, one of whom is the borrower, including a manufactured home as defined in section 700.010, which is real estate as defined in subsection 7 of section 442.015;  (7) "Residential real estate loan" shall mean a loan made for the acquisition, construction, repair, or improvement of, or secured by, residential real estate. The term shall also include any loan made to refinance such a loan. No loan secured by residential real estate shall be considered to be a business loan unless such loan meets the requirements of subdivision (2) of this section and subdivision (2) of section 408.035. ­­-------- (L. 1974 2d Ex. Sess. S.B. 1, A.L. 1979 S.B. 305, A.L. 1982 H.B. 1341, et al., A.L. 2010 S.B. 630)  Effective 3-01-11
MO Rev Stat § 408.031 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.031 - Fee in lieu of interest may be charged on loan — exception.

Effective - 28 Aug 1979   408.031. Fee in lieu of interest may be charged on loan — exception. — In lieu of the rate established under section 408.030, parties may agree in writing to a fee of ten dollars on any loan; provided, however, that no lender shall permit any borrower to be indebted to such lender on two or more contracts at any given time for the purpose or with the result of contracting for or receiving fees exceeding that permitted by this section. ­­-------- (L. 1977 S.B. 420 § 2, A.L. 1979 S.B. 305)
MO Rev Stat § 408.032 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.032 - Recording fees.

Effective - 28 Aug 2004   408.032. Recording fees. — 1. Notwithstanding any provisions of law to the contrary, the recording fees, including actual fees paid to a third party by a creditor, may include the following:  (1) Any fee paid in processing the debtor's liens as provided in section 136.055;  (2) Any fee paid to a third party for expediting the debtor's motor vehicle or other title or lien with the department of revenue, provided:  (a) The creditor does not control the third party; and  (b) Both creditor and third party do not share common ownership.  2. Either fee provided for in subdivisions (1) and (2) of subsection 1 of this section may be charged such debtor, and is not included as interest or service charges for the purposes of state usury laws; except that the expeditor fee as provided in subdivision (2) of subsection 1 of this section may not exceed fifteen dollars. ­­-------- (L. 1997 H.B. 257, A.L. 2004 H.B. 959)
MO Rev Stat § 408.035 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.035 - Unlimited interest, when allowed.

Effective - 28 Aug 2021, 2 histories   408.035. Unlimited interest, when allowed. — Notwithstanding the provisions of any other law to the contrary, it is lawful for the parties to agree in writing to any rate of interest, fees, and other terms and conditions in connection with any:  (1) Loan to a corporation, general partnership, limited partnership or limited liability company;  (2) Extension of credit primarily for agricultural, business, or commercial purposes;  (3) Real estate loan, other than residential real estate loans and loans of less than five thousand dollars secured by real estate used for an agricultural activity; or  (4) Loan of five thousand dollars or more secured solely by certificates of stock, bonds, bills of exchange, certificates of deposit, warehouse receipts, or bills of lading pledged as collateral for the repayment of such loans. ­­-------- (L. 1974 2d Ex. Sess. S.B. 1, A.L. 1980 H.B. 1195, A.L. 1981 S.B. 5 Revision, A.L. 1992 S.B. 688, A.L. 1997 H.B. 655 merged with S.B. 170, A.L. 2021 S.B. 106)  (1994) Where statute allows unlimited interest on loans in excess of five thousand dollars secured by real estate used for agricultural activity, banking regulation, C.S.R. 140-6.050, relating to contingent interest and limitations on its application to profitability and successful operations of businesses, is not inconsistent and statute does not entitle bank to ignore limitation of banking regulation. Contingent interest provision of bank note was invalid and unenforceable. Killion v. Bank Midwest, N.A., 886 S.W.2d 29 (Mo. App. W.D.).
MO Rev Stat § 408.036 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.036 - Prepayment penalty by lender prohibited, exception — maximum permitted, exceptions — return of moneys above maximum permitted.

Effective - 28 Aug 1998   408.036. Prepayment penalty by lender prohibited, exception — maximum permitted, exceptions — return of moneys above maximum permitted. — Notwithstanding any other provision of this chapter to the contrary, no prepayment penalty shall be charged or exacted by a lender on any promissory note or other evidence of debt secured by residential real estate when the full principal balance thereof is paid after five years from the origination date and prior to maturity; and in no event shall any prepayment penalty exceed two percent of the balance at the time of prepayment, except for, when an existing mortgage loan is replaced with a new mortgage loan made by another lender and the proceeds from the new loan are used to either pay down or reduce the balance to a smaller amount before paying in full and in order to avoid or reduce the prepayment penalty. In such an occurrence the prepayment penalty shall not be more than two percent of the average daily balance for the prior six months, provided that the 1990 and 1992 reenactment of this section shall not be construed to be action taken in accordance with Public Law 96.221, Section 501(b)(4). Any fees received in excess of those permitted pursuant to this section shall be returned to the person from whom received upon demand. Business and corporate loans are not subject to the provisions of this section. ­­-------- (L. 1974 2d Ex. Sess. S.B. 1, A.L. 1979 S.B. 305, A.L. 1990 H.B. 1125, A.L. 1992 S.B. 688, A.L. 1998 H.B. 1189)
MO Rev Stat § 408.050 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.050 - Excess interest paid recoverable with costs and attorney fee.

Effective - 28 Aug 1939   408.050. Excess interest paid recoverable with costs and attorney fee. — No person shall directly or indirectly take, for the use or loan of money or other commodity, above the rates of interest specified in sections 408.020 to 408.040, for the forbearance or use of one hundred dollars, or the value thereof, for one year, and so after those rates for a greater or less sum, or for a longer or shorter time, or according to those rates or proportions, for the loan of any money or other commodity. Any person who shall violate the foregoing prohibition of this section shall be subject to be sued, for any and all sums of money paid in excess of the principal and legal rate of interest of any loan, by the borrower, or in case of borrower's death, by the administrator or executor of his estate, and shall be adjudged to pay the costs of suit, including a reasonable attorney's fee to be determined by the court. ­­-------- (RSMo 1939 § 3229)  Prior revisions: 1929 § 2842; 1919 § 6494; 1909 § 7182  (1962) In action by borrower against bank to recover alleged usurious interest, parol evidence to effect that loan was to be for one year and that bank fraudulently induced borrowers to sign five year loan agreement and required additional payment at end of one year to close out loan, was inadmissible. Reich v. Pine Lawn Bank & Trust Co. (A.), 356 S.W.2d 545. (1964) This section is not applicable to pawnbroker loans. McClure v. Norwich (A.), 382 S.W.2d 731.
MO Rev Stat § 408.060 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.060 - Defendant may plead usury — judgment, how rendered — corporations cannot enter plea of usury.

Effective - 28 Aug 1939   408.060. Defendant may plead usury — judgment, how rendered — corporations cannot enter plea of usury. — Usury may be pleaded as a defense in civil actions in the courts of this state, and upon proof that usurious interest has been paid, the same, in excess of the legal rate of interest, shall be deemed payment, shall be credited upon the principal debt, and all costs of the action shall be taxed against the party guilty of exacting usurious interest, who shall in no case recover judgment for more than the amount found due upon the principal debt, with legal interest, after deducting therefrom all payments of usurious interest made by the debtor, whether paid as commissions or brokerage, or as payment upon the principal, or as interest on said indebtedness; provided, however, that no corporation shall, after this section takes effect, interpose the defense of usury in any such action, nor shall any bond, note, debt, contract or obligation of any corporation or any security therefor, be set aside, impaired or adjudged invalid by reason of the rate of interest which the corporation may have paid or agreed to pay hereon. ­­-------- (RSMo 1939 § 3230)  Prior revisions: 1929 § 2843; 1919 § 6495; 1909 § 7183
MO Rev Stat § 408.070 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.070 - Usurious interest — security agreement invalid.

Effective - 28 Aug 1965   408.070. Usurious interest — security agreement invalid. — In actions for the enforcement of liens upon personal property subjected to a security agreement to secure indebtedness, or to maintain or secure possession of property so subjected to a security agreement, or in any other case when the validity of such lien is drawn in question, proof upon the trial that the party holding or claiming to hold the lien has received or exacted usurious interest for the indebtedness shall render any security agreement of personal property, or any lien whatsoever thereon given to secure the indebtedness, invalid and illegal. ­­-------- (RSMo 1939 § 3231, A.L. 1965 p. 114)  Prior revisions: 1929 § 2844; 1919 § 6496; 1909 § 7184  (1977) Lender is not precluded from showing that charge of interest in excess of legal rate was unintentional or inadvertent and without existence of intent is not usurious. Wyckoff v. Commerce Bank of Kansas City (A.), 561 S.W.2d 399.
MO Rev Stat § 408.080 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.080 - Interest may be paid on interest — compounding limited to once a month — prohibited for certain loans.

Effective - 28 Aug 1992   408.080. Interest may be paid on interest — compounding limited to once a month — prohibited for certain loans. — Parties may contract, in writing, for the payment of interest upon interest; but the interest shall not be compounded more often than once a month. Where a different rate is not expressed, interest upon interest shall be at the same rate as interest on the principal debt. Loans governed by section 408.035 are not subject to the provisions of this section. ­­-------- (RSMo 1939 § 3232, A.L. 1982 H.B. 1341, et al., A.L. 1992 S.B. 688)
MO Rev Stat § 408.081 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 408 - Legal Tender and Interest|Section 408.081 - Validity of certain existing contract not to be affected, when.

Effective - 28 Aug 1992   408.081. Validity of certain existing contract not to be affected, when. — Nothing in sections 408.035, 408.036 and 408.080 shall affect the validity of any contract in existence on August 28, 1992. ­­-------- (L. 1992 S.B. 688)