Prepayment fee, second mortgage loans, allowed when

§ 408.241 RSMo — under Legal Tender and Interest.

§ 408.241 RSMo

408.241. Prepayment fee, second mortgage loans, allowed when. — Notwithstanding the provisions of sections 408.233 and 408.234, a prepayment fee may be charged on second mortgage loans, as defined in section 408.231, under the same provisions as is allowed under section 408.036.

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(L. 1991 H.B. 180 § 1)

Effective 3-07-91