Missouri Statutes

§ 443.731 — Surety bond requirements.

Missouri § 443.731
JurisdictionMissouri
Title XXIXOWNERSHIP AND CONVEYANCE OF PROPERTY
Ch. 443Mortgages, Deeds of Trust and Mortgage Brokers

This text of Missouri § 443.731 (Surety bond requirements.) 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. § 443.731 (2026).

Text

1.

(1)Each mortgage loan originator shall be covered by the surety bond for the Missouri licensed mortgage broker supervising the mortgage loan originator and for whom the mortgage loan originator acts as an employee or exclusive agent.
(2)The surety bond shall be in a form as prescribed by the director and shall provide coverage in an amount as prescribed in subsection 2 of this section.
(3)The director may promulgate rules with respect to the requirements for such surety bonds as are necessary to accomplish the purposes of sections 443.701 to 443.893 . 2.  The penal sum of the surety bond shall be maintained in an amount that reflects the dollar amount of loans originated as determined by the director but shall in no case be less than fifty thousand dollars or more than one mil

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Legislative History

(L. 2009 H.B. 382) Effective 7-08-09

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Missouri § 443.731, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/443/443.731.