Missouri § 408.095 Charging interest of more than two percent per month a misdemeanor, exceptions.

Missouri Statutes

§ 408.095 — Charging interest of more than two percent per month a misdemeanor, exceptions.

Missouri § 408.095

Title XXVITRADE AND COMMERCE

Ch. 408Legal Tender and Interest

This text of Missouri § 408.095 (Charging interest of more than two percent per month a misdemeanor, exceptions.) 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. § 408.095 (2026).

Text

Every person or persons, company, corporation or firm, and every agent of any person, persons, company, corporation * or firm, who shall take or receive, or agree to take or receive, directly or indirectly, by means of commissions of brokerage charges, or otherwise, for the forbearance or use of money or other commodities, any interest at a rate greater than two percent per month, except as permitted by the laws of this state, shall be deemed guilty of a misdemeanor.  Nothing herein contained shall be construed as authorizing a higher rate of interest than is now provided by law.

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Every person or persons, company, corporation or firm, and every agent of any person, persons, company, corporation * or firm, who shall take or receive, or agree to take or receive, directly or indirectly, by means of commissions of brokerage charges, or otherwise, for the forbearance or use of money or other commodities, any interest at a rate greater than two percent per month, except as permitted by the laws of this state, shall be deemed guilty of a misdemeanor. Nothing herein contained shall be construed as authorizing a higher rate of interest than is now provided by law.

Legislative History

(RSMo 1939 § 4813, A.L. 1974 2d Ex. Sess. S.B. 1) Prior revisions: 1929 § 4421; 1919 § 3680; 1909 § 4892 Effective 1-09-75 *Word "corporations" appears in original rolls.