Any attorney in fact, to whom the money due on any security instrument is paid, shall have power to execute a release, as specified in section 443.060. Such deed of release, duly acknowledged and recorded, shall have the effect to release the security instrument, and bar all actions brought thereon, and revest in the mortgagor, or person who executed the security instrument, or his legal representatives, all title to the property contained in such security instrument.
Mo. Rev. Stat. § 443.140
Attorney in fact may enter satisfaction
Known as the Missouri Secure and Fair Enforcement for Mortgage Licensing Act
The act spans §§ 443–443 (128 sections).
Effective: 28 Aug 1994; (RSMo 1939 § 3473, A.L. 1994 H.B. 1312); Prior revisions: 1929 § 3086; 1919 § 2245; 1909 § 2851
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.