FIRST REGULAR SESSION

HOUSE BILL NO. 1250

94TH GENERAL ASSEMBLY


 

 

INTRODUCED BY REPRESENTATIVES KOMO (Sponsor), MEADOWS, ROORDA, CASEY AND NORR (Co-sponsors).

                  Read 1st time March 29, 2007 and copies ordered printed.

D. ADAM CRUMBLISS, Chief Clerk

2621L.01I


 

AN ACT

To amend chapter 443, RSMo, by adding thereto one new section relating to foreclosure on mortgage loans.




Be it enacted by the General Assembly of the state of Missouri, as follows:


            Section A. Chapter 443, RSMo, is amended by adding thereto one new section, to be known as section 443.192, to read as follows:

            443.192. No bank, savings and loan association, credit union, mortgage banker, or lending institution shall foreclose on a mortgage loan for up to eighteen months for any veteran no longer on active duty and who has made a good faith claim for disability benefits.