☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 367

Effective - 28 Aug 1992 bottom

  367.305.  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)


---- end of effective   28 Aug 1992 ----

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