2014 Missouri Revised Statutes
TITLE XXVII DEBTOR-CREDITOR RELATIONS (425-430)
Chapter 427 Creditor Protection
Section 427.155 No fiduciary relationship intended.

MO Rev Stat § 427.155 (2014) What's This?

427.155. Sections 427.110 to 427.190 do not impose a fiduciary relationship between the creditor and the debtor. Placement of collateral protection coverage is for the sole purpose of protecting the interest of the creditor when the debtor fails to insure collateral as required by the credit agreement.

(L. 1997 H.B. 257)

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