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the Missouri Revised Statutes
2011 Missouri Revised Statutes
TITLE XXVI TRADE AND COMMERCE
Chapter 407 Merchandising Practices
Section 407.663. Advertisements, requirements.
Universal Citation:
MO Rev Stat § 407.663.
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Advertisements, requirements.
407.663. An advertisement for a rental-purchase agreement that refers to or states the amount of the payment or the right to acquire ownership of any one particular item under the agreement must clearly and conspicuously state:
(1) That the transaction advertised is a rental-purchase agreement;
(2) The total amount and number of payments necessary to acquire ownership of the merchandise; and
(3) That the consumer does not acquire ownership rights in the merchandise until all payments have been made under the terms of the agreement.
(L. 1988 H.B. 988)
Annotation Copyright Missouri Joint Committee on Legislative Research
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