408.032. Recording fees.

159 words·~1 min read·/mo/chapter-408/408-032

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408.032. Recording fees. — 1. Notwithstanding any provisions of law to the contrary, the recording fees, including actual fees paid to a third party by a creditor, may include the following:

(1)Any fee paid in processing the debtor's liens as provided in section 136.055 ;

(2)Any fee paid to a third party for expediting the debtor's motor vehicle or other title or lien with the department of revenue, provided:

(a)The creditor does not control the third party; and

(b)Both creditor and third party do not share common ownership.

2. Either fee provided for in subdivisions

(1)and

(2)of subsection 1 of this section may be charged such debtor, and is not included as interest or service charges for the purposes of state usury laws; except that the expeditor fee as provided in subdivision

(2)of subsection 1 of this section may not exceed fifteen dollars.

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(L. 1997 H.B. 257, A.L. 2004 H.B. 959)