Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS Chapter 367 • Effective - 28 Aug 1992 367.305. Advance fee prohibited, penalty. — 1. No loan broker shall charge, assess, collect or receive an advance fee from a borrower to provide services as a loan broker. 2. The knowing charging, assessment, collection or receipt of an advance fee, in violation of this section, is a class A misdemeanor. -------- (L. 1992 S.B. 705)
Missouri Legal Code