Missouri Statutes
§ 427.160 — Insurance not required.
Missouri § 427.160
This text of Missouri § 427.160 (Insurance not required.) 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. § 427.160 (2026).
Text
A creditor is not required to purchase collateral protection coverage or to otherwise insure collateral. A creditor shall not be liable to a debtor or to any other person for failure to purchase collateral protection coverage, as a result of the amount or level of coverage of collateral protection coverage purchased by the creditor, or because the creditor purchased collateral protection coverage that protects only the interests of the creditor or less than all of the interests of the debtor. Sections 427.110 to 427.190 shall not create a cause of action for damages on behalf of the debtor or any other person in connection with the placement of collateral protection coverage, and violations of these sections shall not be deemed to violate the standard of care under any common law cause o
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Legislative History
(L. 1997 H.B. 257)
Nearby Sections
15
§ 427.021
Definitions.§ 427.031
Certain persons deemed not owner of property — liability arising from contamination or pollution.§ 427.041
Preemption of field.§ 427.115
Definitions.§ 427.140
Unearned premiums to be refunded.§ 427.145
Placement of coverage.§ 427.150
Liability limitation, notice.§ 427.155
No fiduciary relationship intended.Cite This Page — Counsel Stack
Bluebook (online)
Missouri § 427.160, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/427/427.160.