Summary of the Introduced Bill

HB 1876 -- Prepayment of Loans

Sponsor:  Oxford

This bill prohibits lenders from imposing a fine, fee, or penalty
for prepaying a loan and repeals the provision allowing a
prepayment fee to be charged on a second mortgage loan.

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Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:12 pm