Missouri Revised Statutes

Chapter 367
Pawnbrokers and Small Loans
Section 367.305

August 28, 2008


Advance fee prohibited, penalty.

367.305. 1. No loan broker shall charge, assess, collect or receive an advance fee from a borrower to provide services as a loan broker.

2. The knowing charging, assessment, collection or receipt of an advance fee, in violation of this section, is a class A misdemeanor.

(L. 1992 S.B. 705)


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