443.887. General rulemaking powers of director. - Missouri Statutes

General rulemaking powers of director.

443.887. 1. In addition to such other powers as may be prescribed bysections 443.701 to 443.893, the director may promulgate rules consistentwith the purpose of sections 443.701 to 443.893, including, but not limitedto:

(1) Such rules in connection with the activities of licensees as maybe necessary and appropriate for the protection of consumers in this state;

(2) Such rules as may be necessary and appropriate to define improperor fraudulent business practices in connection with the activities oflicensees;

(3) Such rules as may define the terms used in sections 443.701 to443.893 and as may be necessary and appropriate to interpret and implementthe provisions of sections 443.701 to 443.893; and

(4) Such rules as may be necessary for the enforcement of sections443.701 to 443.893.

2. The director may make such specific ruling, demands and findingsas the director may deem necessary for the proper conduct of the mortgagelending industry.

(L. 1994 S.B. 718 § 31, A.L. 1995 H.B. 63, et al., A.L. 2001 S.B. 538, A.L. 2009 H.B. 382)

Effective 7-08-09