☰ Revisor of Missouri

Title XXII OCCUPATIONS AND PROFESSIONS

Chapter 325

< > Effective - 28 Aug 1973    bottom

  325.050.  Cancellation of agreement, when, how. — 1.  The owner of damaged property has the right to cancel any agreement entered into with a licensed public adjuster or licensed public adjuster solicitor until midnight of the third business day after the day on which the agreement was signed.

  2.  Cancellation occurs when the buyer gives written notice of cancellation to the licensed public adjuster or licensed public adjuster solicitor at the address stated in the agreement between the parties.  Notice of cancellation may be given by mail and is given when deposited in a United States mail box properly addressed and postage prepaid.  Notice of cancellation must contain the written intention of the owner to cancel the agreement.  No liability accrues to the owner when the agreement is cancelled within said period, except for reasonable expenses incurred in preserving the damaged premises during the said three-day period.

­­--------

(L. 1973 S.B. 28 § 9)


---- end of effective  28 Aug 1973 ----

use this link to bookmark section  325.050


Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House