408.410. Exempt transactions. - Missouri Statutes

Exempt transactions.

408.410. Sections 408.400 to 408.415 are not applicable to:

(1) An instrument or other writing which evidences a loan orindebtedness to a lender or person, other than a seller or lessor,which was not arranged by a seller or lessor, the proceeds of whichare used by the buyer or lessee to satisfy an obligation to a selleror lessor;

(2) Credit card sales on a credit card issued by an issuerother than the seller.

(L. 1974 H.B. 1047, et al. § 3)