2017 Missouri Revised Statutes
Title XXVI TRADE AND COMMERCE
Chapter 400 Uniform Commercial Code
Section 400.2A-109 Option to accelerate at will.

Effective 28 Aug 1992

Title XXVI TRADE AND COMMERCE

Chapter 400

400.2A-109. Option to accelerate at will. — A term providing that one party or his successor in interest may accelerate payment or performance or require collateral or additional collateral "at will" or "when he deems himself insecure" or in words of similar import must be construed to mean that he has power to do so only if he in good faith believes that the prospect of payment or performance is impaired.

(L. 1992 S.B. 448)

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