Mo. Rev. Stat. » Chapter 514
Missouri Revised Statutes

Mo. Rev. Stat. § 514.240 (2026)

Tender without deposit stops interest or accumulation of damages

✓ current as of May 2026
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  514.240.  Tender without deposit stops interest or accumulation of damages. — Where tender and no deposit shall be made, as provided in section 514.230, the tender shall only have the effect, in law, to prevent the running of interest or accumulation of damages from and after the time such tender was made.

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(RSMo 1939 § 1424)

Prior revisions: 1929 § 1260; 1919 § 1712; 1909 § 2281

Notes of Decisions
Cited in 4 cases, 1954–1992 · leading case: Ins. Co. of North Am. v. Skyway Aviation, Inc., 828 S.W.2d 888 (Mo. Ct. App. 1992).
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Ins. Co. of North Am. v. Skyway Aviation, Inc., 828 S.W.2d 888 (Mo. Ct. App. 1992). · cites it 3× “INA failed to establish its affirmative defense of unconditional tender raised pursuant to § 514.240, RSMo 1986. INA’s proposals to deliver a settlement draft were contingent upon obtaining releases, providing indemnification, or procuring a surety bond.”
Willis v. Am. Nat'l Life Ins. Co., 287 S.W.2d 98 (Mo. Ct. App. 1956). · cites it 3× “230, the tender shall only have the effect, in law, to prevent the running of interest or accumulation of damages from and after the time such tender was made.” As we . have heretofore held, plaintiff was, and is, entitled to the reasonable value of services of an attorney…”
Emerson v. Treadway, 270 S.W.2d 614 (Mo. Ct. App. 1954). · cites it 2× “Section 514.240, cited by defendants, provides that: “Where tender and no deposit shall be made, as provided in section 514.”
City of Mexico v. Baysinger, 313 S.W.2d 166 (Mo. Ct. App. 1958). · cites it 2× “Section 514.230 RSMo 1949, V.A.M.S., provides that if full tender shall be made and full payment offered and refused, plaintiff shall not recover any costs.”
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