In the event of a conveyance or transfer of any property upon which an association has a lien without the consent of the association, the association may proceed as provided in the note or security instrument.
Mo. Rev. Stat. § 369.259
Unapproved transfer of encumbered property, effect of
Known as the Savings and Loan Law
The act spans §§ 369–369 (92 sections).
Effective: 28 Aug 1971; (L. 1971 S.B. 3 § 51)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.