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Mo. Rev. Stat. § 436.558

Predetermined payment to company, amount — limitation on length of contract..

Known as the Uniform Athlete Agents Act

The act spans §§ 436–436 (89 sections).

Effective: 28 Aug 2023; (L. 2023 S.B. 103)

1. The contracted amount to be paid to the consumer legal funding company shall be set as a predetermined amount based upon intervals of time from the funding date to the resolution date and shall not be determined as a percentage of the recovery from the legal claim.

2. No consumer legal funding contract shall be valid if its terms exceed a period of forty-eight months. No consumer legal funding contract shall be automatically renewed.

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