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2018 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 (2018)
Effective 28 Aug 1992
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 367367.305. Advance fee prohibited, penalty. — 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.
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(L. 1992 S.B. 705)
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