Home/Missouri/Statutes/Title XXIV: BUSINESS AND FINANCIAL INSTITUTIONS/Ch. 367: Pawnbrokers and Small Loans/§ 367.530
Missouri Statutes

§ 367.530 — Safekeeping of certificates of title — liability insurance maintained, when — liability of title lender.

Missouri § 367.530
JurisdictionMissouri
Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS
Ch. 367Pawnbrokers and Small Loans

This text of Missouri § 367.530 (Safekeeping of certificates of title — liability insurance maintained, when — liability of title lender.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mo. Rev. Stat. § 367.530 (2026).

Text

1.Every title lender shall maintain a fireproof place for the pledged certificates of title and a safe place for pledged property delivered to or repossessed by the title lender.
2.Every title lender shall maintain premises liability insurance in an amount of not less than one million dollars per occurrence for the benefit of customers and employees, which insurance shall provide coverage for, among other risks, injuries caused by the criminal acts of third parties.
3.A title lender shall not be liable for any loss or injury occasioned or caused by the use of pledged property unless the pledged property is actually in the title lender's possession.
4.A title lender shall be strictly liable to the borrower for any loss to pledged property in the title lender's possession.

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Legislative History

(L. 1998 H.B. 1526 § 11, A.L. 2001 H.B. 738 merged with S.B. 186)

Nearby Sections

15
§ 367.011
Definitions.
§ 367.021
Secured personal credit loans — who may make — interest rate.
§ 367.031
Receipt for pledged property — contents — definitions — third-party charge for database — access to database information, limitations — error in data, procedure — loss of pawn ticket, effect.
§ 367.040
Loans due, when — return of collateral, when — restrictions.
§ 367.043
License required — qualifications — oath — bond — accounting — location within one-half mile of excursion gambling boat or facility, prohibited, when.
§ 367.044
Definitions — pledged goods for money, pawnbroker entitled only to goods pledged, exception, misappropriated goods — procedure to recover.
§ 367.045
Customer failure to repay pawnbroker when notified that goods pledged or sold were misappropriated, penalty.
§ 367.046
Procedure to reclaim purchase price of misappropriated goods.
§ 367.047
Hold order in effect, pawnbroker may release property to peace officer, not waiver of property rights — sale of property under hold order prohibited.
§ 367.048
Criminal charges filed and disposition of case, notice to pawnbroker, duty of prosecutor or circuit attorney — release of hold order, procedure.
§ 367.049
No criminal or civil liability for pawnbroker exercising due care and good faith.
§ 367.050
Violation, penalties.
§ 367.051
Jurisdiction of state courts for all civil actions — nonresident to appoint secretary of state as agent for service.
§ 367.052
Leased property, rental or installment contracts not misappropriated unless marked — defacing marks, effect — claimant may recover — pawnbroker not liable.
§ 367.053
Titles, licenses and permits for pledged goods to remain in effect, void when — ownership passing to pawnbroker, right to retitle or relicense.
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Cite This Page — Counsel Stack

Bluebook (online)
Missouri § 367.530, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/367/367.530.