In sections 427.011 to 427.041, the general assembly hereby occupies and preempts the entire field of legislation imposing liability on lenders-owners for precedent environmental conditions which result in contamination or pollution, including by way of example and not of limitation, lender liability for hazardous substances, toxic wastes, clean air, clean water, solid waste disposal, and underground storage tanks, to the complete exclusion of an order, ordinance or regulation by any political subdivision of this state and by the federal government to the extent permitted by the law except those state statutes pertaining to the underground storage tank insurance fund.
Mo. Rev. Stat. § 427.041
Preemption of field
Known as the Collateral Protection Act
The act spans §§ 427–427 (24 sections).
Effective: 28 Aug 1997; (L. 1991 S.B. 204, A.L. 1997 H.B. 257)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.