Summary of the Introduced Bill

HB 524 -- 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.

Copyright (c) Missouri House of Representatives

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am