Mo. Rev. Stat. § 365.070 (2026)

  365.070.  Retail installment contracts to be in writing — form, contents. — 1.  Each retail installment contract shall be in writing, shall be signed by both the buyer and the seller, and shall be completed as to all essential provisions prior to the signing of the contract by the buyer.  In addition to the retail installment contract, the seller may require the buyer to execute and deliver a negotiable promissory note to evidence the indebtedness created by the retail installment transaction and the seller may require security for the payment of the indebtedness or the performance of any other condition of the transaction.  Every note executed pursuant to a retail installment contract shall expressly state that it is subject to prepayment privilege required by law and the refund required by law in such cases.  Any such note, if otherwise negotiable under the provisions of sections 400.3-101 to 400.3-805, shall be negotiable. The retail installment contract may evidence the security.

  2.  The printed portion of the contract, other than instructions for completion, shall be in at least eight-point type.  The contract shall contain the following notice in a size equal to at least ten-point bold type:

"Notice to the Buyer.

Do not sign this contract before you read it or if it contains any blank spaces.

You are entitled to an exact copy of the contract you sign.

Under the law you have the right to pay off in advance the full amount due and to obtain a partial refund of the time price differential."

  3.  The contract shall also contain, in a size equal to at least ten-point bold type, a specific statement that liability insurance coverage for bodily injury and property damage caused to others is not included if that is the case.

  4.  The seller shall deliver to the buyer, or mail to him at his address shown on the contract, a copy of the contract signed by the seller.  Until the seller does so, a buyer who has not received delivery of the motor vehicle may rescind his agreement and receive a refund of all payments made and return of all goods traded in to the seller on account of or in contemplation of the contract, or if the goods cannot be returned, the value thereof.  Any acknowledgment by the buyer of delivery of a copy of the contract shall be in a size equal to at least ten-point bold type and, if contained in the contract, shall appear directly above the buyer's signature.

  5.  The contract shall contain the names of the seller and the buyer, the place of business of the seller, the residence of the buyer and a brief description of the motor vehicle including its make, year model, model and identification numbers or marks.

  6.  The contract shall contain the following items:

  (1)  The cash sale price of the motor vehicle;

  (2)  The amount of the buyer's down payment, and whether made in money or goods, or partly in money and partly in goods, including a brief description of the goods traded in;

  (3)  The difference between items one and two;

  (4)  The aggregate amount, if any, if a separate identified charge is made therefor, included for all insurance on the motor vehicle against loss, damage to or destruction of the motor vehicle, specifying the types of coverage and period;

  (5)  The aggregate amount, if any, if a separate identified charge is made therefor, included for all bodily injury and property damage liability insurance for injuries to the person or property of others, specifying the types of coverage and coverage period;

  (6)  The aggregate amount, if any, if a separate identified charge is made therefor, included for all life, accident or health insurance, specifying the types of coverage and coverage period;

  (7)  The amounts, if any, if a separate identified charge is made therefor, included for other insurance and benefits, specifying the types of coverage and benefits and the coverage periods and separately stating each amount for each insurance premium or benefit;

  (8)  The amount of official fees;

  (9)  The principal balance which is the sum of items (3), (4), (5), (6), (7) and (8);

  (10)  The amount of the time price differential expressed in the contract as a percent per annum;

  (11)  The total amount of the time balance stated as one sum in dollars and cents, which is the sum of items (9) and (10), payable in installments by the buyer to the seller, the number of installments, the amount of each installment and the due date or period thereof based on the contract's original amortization schedule; and

  (12)  The time sale price.

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