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2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 367 Pawnbrokers and Small Loans
Section 367.305. Advance fee prohibited, penalty.
Universal Citation:
MO Rev Stat § 367.305.
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Advance fee prohibited, penalty.
367.305. 1. No loan broker shall charge, assess, collect or receive an advance fee from a borrower to provide services as a loan broker.
2. The knowing charging, assessment, collection or receipt of an advance fee, in violation of this section, is a class A misdemeanor.
(L. 1992 S.B. 705)
Annotation Copyright Missouri Joint Committee on Legislative Research
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