Mo. Rev. Stat. § 369.159

Current with changes from the 2024 Legislative Session
Section 369.159 - Fee or service charge authorized

An association may impose fees or service charges on accounts; however, such fees or service charges are subject to such conditions or requirements that may be fixed by regulations pursuant to section 369.301 by the director of the division of finance and the board. Notwithstanding any law to the contrary, no such condition or requirement shall be more restrictive than the fees or service charges on deposit accounts or similar accounts permitted any federally chartered depository institution and no contractual fee charged for overdrawing the balance of a deposit account shall be deemed interest.

§ 369.159, RSMo

Amended by 2015 Mo. Laws, SB 524,s A, eff. 8/28/2015.
L. 1971 S.B. 3 § 31, A.L. 1983 H.B. 570, A.L. 1994 H.B. 1165, A.L. 2003H.B. 221 merged with S.B. 346, A.L. 2011H.B. 464