407.2055. Debt waivers exempt, when.
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/mo/chapter-407/407-2055A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
407.2055. Debt waivers exempt, when. — 1. Debt waivers offered by state or federal banks or credit unions in compliance with applicable state or federal law shall be exempt from the provisions of sections 407.2020 to 407.2090 .
2. The provisions of sections 407.2045 and 407.2080 shall not apply to debt waivers offered in connection with commercial transactions.
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(L. 2023 S.B. 398)