Mo. Rev. Stat. § 408.558: Security interests not to be taken, when.
Where this section sits in the code
- Title XXVI - TRADE AND COMMERCE
- Chapter 408 - Legal Tender and Interest
1. No security interest, other than a purchase money security interest, may be taken or acquired in household furnishings, appliances, or clothing of the borrower or his dependents as security for a loan if the amount financed is less than five hundred dollars.
2. No security interest may be taken or acquired in goods as security for a credit transaction in the principal amount of less than one hundred fifty dollars.
Collected 2026-09-03T22:23:28Z. Source file · JSON