Missouri Revised Statutes

Mo. Rev. Stat. § 362.180 (2026)

Who may make Federal Housing Act loans

✓ laws through the 2026 session (checked Sept. 2026)
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  362.180.  Who may make Federal Housing Act loans. — Banking institutions, trust companies, insurance companies, and loan and investment companies may

  (1)  Make loans and advances of credit and purchases of obligations representing loans and advances of credit which are eligible for insurance pursuant to title I, section 2, of the National Housing Act, and obtain such insurance;

  (2)  Make loans secured by real property or leasehold interests which the Federal Housing Administrator insures or makes a commitment to insure pursuant to title II of the National Housing Act, and obtain such insurance.

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(RSMo 1939 § 8189, A.L. 1961 p. 463)

Notes of Decisions
Cited in 2 cases, 1971–1974 · leading case: Gershman Inv. Corp. v. Danforth, 517 S.W.2d 33 (Mo. 1974).
Gershman Inv. Corp. v. Danforth, 517 S.W.2d 33 (Mo. 1974). · cites it 2× “195, when considered in connection with § 362.180, is unconstitutional because it attempted to set up a particular class of lenders exempt from the usury statutes in violation of Art.”
Gershman Inv. Corp. v. Danforth, 475 S.W.2d 36 (Mo. 1971). “195, when considered in connection with § 362.180, is unconstitutional because it attempted to set up a particular class of lenders exempt from the usury statutes in violation of Art.”
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