The borrower shall be entitled to redeem the security by timely satisfaction of the terms of the title loan agreement. Upon expiration or default of a title loan agreement, the title lender may proceed against the collateral pursuant to chapter 400, and with sections 408.551 to 408.557, and sections 408.560 to 408.562.
Mo. Rev. Stat. § 367.521
Redemption of certificate of title — expiration or default, lender may..
Effective: 28 Aug 2001; (L. 1998 H.B. 1526 § 8, A.L. 2001 H.B. 738 merged with S.B. 186)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.