Missouri Revised Statutes § 374.305 - Conditioning loan on purchase of credit insurance from certain persons prohibited — freedom of selection of insurer required — United States — Missouri law | Esheria

Missouri Revised Statutes § 374.305 - Conditioning loan on purchase of credit insurance from certain persons prohibited — freedom of selection of insurer required

A financial institution cannot make a loan conditional on buying life or health insurance from its own agent, officer, or director.

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Jurisdiction
United States — Missouri
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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credit insurance insurer selection loan conditions

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