{"data":{"id":"us-mo/mo.-rev.-stat.-400.9-205","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.9-205","heading":"Use or disposition of collateral permissible.","body":"(a) A security interest is not invalid or fraudulent against creditors solely because:\n(1) The debtor has the right or ability to:\n(A) Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;\n(B) Collect, compromise, enforce, or otherwise deal with collateral;\n(C) Accept the return of collateral or make repossessions; or\n(D) Use, commingle, or dispose of proceeds; or\n(2) The secured party fails to require the debtor to account for proceeds or replace collateral.\n(b) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.9-205","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"083c0a82aa45d6c18ba9c6a1e54a1c6bfe7ec98f62bfb11d52fd81498a3fb3b0","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.9-204","next":"us-mo/mo.-rev.-stat.-400.9-206"},"notice":"GroundRules: Original legal text. Not legal advice."}