173.610. Tuition--obligation or instrument of payment subject to defenses and setoffs--exceptions. - Missouri Statutes

Tuition--obligation or instrument of payment subject todefenses and setoffs--exceptions.

173.610. 1. The rights of a school or assignee of a schoolas holder of an instrument, account, contract, right, agreement,chattel paper or other writing, other than a check or draft,received by the school in payment of tuition or other charges,whether sold, transferred, assigned or endorsed before or afterthe obligor has completed the course of instruction, shall besubject to any and all defenses and setoffs available to theobligor, notwithstanding any agreement to the contrary. Thepreceding sentence shall not apply to payment of tuition or othercharges by credit card transaction on a credit card issued by anissuer other than the school.

2. The definitions in articles 1, 3 and 9 of chapter 400,RSMo, are applicable to subsection 1.

(L. 1983 H.B. 560 § 7)