☰ Revisor of Missouri


Chapter 436

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  436.558.  Predetermined payment to company, amount — limitation on length of contract term. — 1.  The contracted amount to be paid to the consumer legal funding company shall be set as a predetermined amount based upon intervals of time from the funding date to the resolution date and shall not be determined as a percentage of the recovery from the legal claim.

  2.  No consumer legal funding contract shall be valid if its terms exceed a period of forty-eight months.  No consumer legal funding contract shall be automatically renewed.


(L. 2023 S.B. 103)

---- end of effective  28 Aug 2023 ----

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