Missouri Revised Statutes

Mo. Rev. Stat. § 408.237 (2026)

Applicability of sections 408.231 to 408.241

✓ current as of May 2026
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  408.237.  Applicability of sections 408.231 to 408.241. — Sections 408.231 to 408.241 shall not apply to any transaction in which a single extension of credit is allocated between a first lien and any number of subordinate liens, for the purpose or with the result of contracting for or receiving a higher rate of interest than would have been permitted if the loan had been made under section 408.030.

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(L. 1979 S.B. 305, A.L. 1994 H.B. 1312 merged with S.B. 718)

Notes of Decisions
Cited in 1 case, 2011–2011 · leading case: Michael D. v. GMAC Mortg., LLC, 763 F. Supp. 2d 1091 (W.D. Mo. 2011).
Michael D. v. GMAC Mortg., LLC, 763 F. Supp. 2d 1091 (W.D. Mo. 2011). · cites it 3× “” Mo. Rev.Stat. § 408.237 (2005). The MSMLA also provides statutory remedies for violations.”
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