408.240. Penalties--actions taken or omitted in reliance on written interpretation by division, effect. - Missouri Statutes

Penalties--actions taken or omitted in reliance on writteninterpretation by division, effect.

408.240. Any person, firm, or corporation who or whichshall violate the provisions of sections 408.100 to 408.241 andany member, officer, director, agent or employee of such person,firm or corporation who shall participate in such violation shallbe guilty of a class A misdemeanor, except where such violationoccurred either:

(1) As a result of an accidental and bona fide error ofcomputation; or

(2) As a result of any acts done or omitted in reliance ona written interpretation of sections 408.231 to 408.241 by thedivision of finance. Section 408.095 shall not apply to a loanwhich complies with sections 408.100 to 408.241.

(L. 1979 S.B. 305, A.L. 1988 H.B. 1355, A.L. 1994 H.B. 1312 merged with S.B. 718)