Missouri Revised Statutes

Mo. Rev. Stat. § 365.150 (2026)

Violation a misdemeanor

✓ current as of May 2026
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  365.150.  Violation a misdemeanor — penalty — recovery barred — correction of violation, effect. — 1.  Any person who knowingly violates any provision of this chapter or engages in the business of a sales finance company in this state without a license therefor as provided in this chapter is guilty of a class B misdemeanor.

  2.  Any person violating section 365.070, 365.080, 365.090, 365.100, 365.110, 365.120, 365.130, 365.140, or 365.145 shall be barred from recovery of any time price differential, delinquency or collection charge on the contract.

  3.  Notwithstanding the other provisions of this section, the failure to comply with any provision of this chapter with respect to any retail installment transaction may be corrected by the seller or holder within thirty days after the date of the sale, and, if so corrected, neither the seller nor the holder shall be subject to any criminal penalty or civil forfeiture under this chapter for the failure.

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(L. 1963 p. 466 § 14, A.L. 1984 H.B. 1170)

Notes of Decisions
Cited in 4 cases, 1973–2018 · leading case: Fielder v. Credit Acceptance Corp., 19 F. Supp. 2d 966 (W.D. Mo. 1998).
Fielder v. Credit Acceptance Corp., 19 F. Supp. 2d 966 (W.D. Mo. 1998). · cites it 24× “Mo.Rev.Stat. § 365.150. The Defendants make several arguments.”
Lankheit v. Est. of Scherer, 811 S.W.2d 853 (Mo. Ct. App. 1991). · cites it 2× “Section 365.150 reads, in pertinent part: “2.”
DePoortere v. Com. Credit Corp., 500 S.W.2d 724 (Mo. Ct. App. 1973). “-020(5),” and their apparent ultimate endeavor to use a portion of the alleged inapplicable law (§ 365.150, subd. 2) to bar defendants “from recovering any time price differential.”
Shelby v. Oak River Ins. Co. (W.D. Mo. 2018). “00 §§ 365.150 & 408.562 (time price differential) $3,381,901.”
— Mo. Rev. Stat. § 365.150(1) — 1 case
Fielder v. Credit Acceptance Corp., 19 F. Supp. 2d 966 (W.D. Mo. 1998). “Mo.Rev.Stat. § 365.150. The Defendants make several arguments.”
— Mo. Rev. Stat. § 365.150(2) — 1 case
Fielder v. Credit Acceptance Corp., 19 F. Supp. 2d 966 (W.D. Mo. 1998). “Mo.Rev.Stat. § 365.150. The Defendants make several arguments.”
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