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Mo. Rev. Stat. § 408.241

Prepayment fee, second mortgage loans, allowed when

Known as the Missouri Retail Credit Sales Law

The act spans §§ 408–408 (112 sections).

Effective: 07 Mar 1991, see footnote; (L. 1991 H.B. 180 § 1)

Notwithstanding the provisions of sections 408.233 and 408.234, a prepayment fee may be charged on second mortgage loans, as defined in section 408.231, under the same provisions as is allowed under section 408.036.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.