™Your Policy Risk Impact Agent
6 chapters · 198 sections in this title.
§ 425.010 RSMo Definitions
1.8K chars
425.010. Definitions. — As used in sections 425.010 to 425.043, the following terms mean: (1) "Debt adjuster", a person who provides or offers to provide debt relief services for a consideration; (2) "Debt management plan" or "DMP", a written agreement or contract between a debt …
§ 425.020 RSMo Debt adjusting — penalty
0.3K chars
425.020. Debt adjusting — penalty. — Any person who acts or offers to act as a debt adjuster in this state other than under a debt management plan or debt settlement plan is guilty of a misdemeanor and upon conviction shall be punished as provided by law. -------- (L. 1963 p. 6…
§ 425.025 RSMo Debt management plan or debt settlement plan may be administered free of charge
0.3K chars
425.025. Debt management plan or debt settlement plan may be administered free of charge. — Nothing in sections 425.010 to 425.043 shall be construed to prevent any individual or organization from administering a debt management plan or debt settlement plan free of charge. ----…
§ 425.027 RSMo Surety bond for debt adjusters required, amount
0.4K chars
425.027. Surety bond for debt adjusters required, amount. — Each initial license application shall be accompanied by a surety bond in the principal sum in accordance with the following categories: (1) Fifty thousand dollars if the applicant declares that the operation will handle…