Missouri Laws 427.155 – No fiduciary relationship intended
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Missouri Laws 427.155
- Fiduciary: A trustee, executor, or administrator.
Sections 427.110 to 427.190 do not impose a fiduciary relationship between the creditor and the debtor. Placement of collateral protection coverage is for the sole purpose of protecting the interest of the creditor when the debtor fails to insure collateral as required by the credit agreement.