Missouri § 369.249 Director may regulate lending practices.

Missouri Statutes

§ 369.249 — Director may regulate lending practices.

Missouri § 369.249

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 369Savings and Loan Associations

This text of Missouri § 369.249 (Director may regulate lending practices.) 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. § 369.249 (2026).

Text

The director of the division of finance may from time to time establish such rules and regulations in respect to loans as may be reasonably necessary to assure that such loans are in keeping with sound lending practices and promote the purposes of sections 369.010 to 369.369 , and the director may include therein provisions concerning appraisals, payments and terms of security instruments.  Any note or security instrument may provide for advances for taxes, insurance premiums and other charges, which may be commingled with other funds of the association, and the extent, if any, to which interest is to be paid thereon.

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The director of the division of finance may from time to time establish such rules and regulations in respect to loans as may be reasonably necessary to assure that such loans are in keeping with sound lending practices and promote the purposes of sections 369.010 to 369.369 , and the director may include therein provisions concerning appraisals, payments and terms of security instruments. Any note or security instrument may provide for advances for taxes, insurance premiums and other charges, which may be commingled with other funds of the association, and the extent, if any, to which interest is to be paid thereon.