The Missouri department of revenue, in approving licenses for dealer franchises in any metropolitan statistical area with a population of more than one million inhabitants as defined by the federal Office of Management and Budget or its successor agency shall ensure that the community of dealer franchises shall reflect an adequate percentage of minority-owned businesses.
Mo. Rev. Stat. § 407.1040
License approval in metropolitan areas, minorities
Known as the Credit User Protection Law
The act spans §§ 407–407 (316 sections).
Effective: 28 Aug 1998; (L. 1998 H.B. 1055 § 6)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.