Revisor Home


Chapter 408

previous next Effective - 28 Aug 2002bottom

  408.557.  Notice required before deficiency action may be commenced. — When a lender sells or otherwise disposes of collateral in a transaction in which an action for a deficiency may be commenced against the borrower, prior to bringing any such action or upon written request of the borrower, the lender shall give the borrower the notice provided in section 400.9-614 for consumer goods transactions or section 400.9-613 for all other transactions that are not consumer goods transactions.


(L. 1979 S.B. 305, A.L. 2002 S.B. 895)

---- end of effective   28 Aug 2002 ----

use this link to bookmark section  408.557

In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Other Links
Oversight Library MO WebMasters
Missouri Senate
State of Missouri
Missouri House

@11:41:41.1 32