This legal document, part of the Revised Statutes of Missouri under the section on Merchandising Practices, governs the unlawful practices related to counterfeit credit cards and defrauding issuers and acquirers. It applies to persons or employees who are authorized by an acquirer to provide money or merchandise when presented with a credit card by a cardholder. The document outlines several unlawful practices, including furnishing money or merchandise with the intent to defraud the acquirer using counterfeit, expired, revoked, or unauthorized credit cards.

A person commits the offense of defacing a credit card reader if a person damages, defaces, alters, or destroys a scanning device and the person has no right to do so.The offense of defacing a credit card reader is a class A misdemeanor. ——– (L. 1991 S.B. 112, A.L. 2014 S.B. 491, A.L. 2018 H.B. 1832)

This document, specifically sections 408.250 to 408.370 of the Revised Statutes of Missouri, provides definitions for terms used in retail time transactions. It clarifies the meanings of various terms such as cash sale price, credit, creditor, goods, holder, insurance company, motor vehicle, official fees, person, principal balance, retail buyer, retail charge agreement, retail seller, retail time contract, retail time transaction, services, time charge, and time sale price. The document applies to retail sellers, retail buyers, and creditors involved in retail time transactions.

This legal document pertains to retail time contracts in Missouri. It specifies that each retail time contract must be in writing, signed by both the buyer and seller, and completed prior to the buyer’s signing. The seller may also require the buyer to execute a negotiable promissory note and provide security for the payment or performance of any other condition. The document prohibits retail time contracts that cut off the buyer’s rights against the seller when the notes are separately negotiated.

This legal document governs retail time contracts that are negotiated and entered into by mail without personal solicitation by salesmen or other representatives of the seller. These contracts are based on the catalog or other printed solicitation of business, which is distributed and made available generally to the public. The document specifies that all provisions of sections 408.250 to 408.370 apply to such sales, except that the seller is not required to deliver a copy of the contract to the buyer.

This legal document governs retail charge agreements. It requires that every retail charge agreement be in writing and signed by the retail buyer. A copy of the agreement must be delivered or mailed to the retail buyer by the retail seller before the first payment is due. The agreement should state the amount or rate of the time charge to be charged and paid, or state that a time charge not exceeding the legal limit will be charged.

This legal document governs the authorization of time charges on retail time contracts and retail charge agreements. It applies to sellers or other holders under a retail time contract and sellers and assignees under a retail charge agreement. The document allows these parties to charge, receive, and collect a time charge, which replaces any interest charges, as long as the amount does not exceed the agreed amount. The time charge is calculated based on the principal balance of each transaction and can be applied to contracts with monthly payments or other payment structures.

Any person may purchase or acquire or agree to purchase or acquire from any seller any retail time contract or account under a retail charge agreement on such terms and conditions and at such price as may be agreed upon between them.Filing of the assignment, notice to the buyer of the assignment, and any requirement that the purchaser or other assignee maintain dominion over the payments or the goods if repossessed shall not be necessary to the validity of a written assignment of such a contract or account as against creditors, subsequent purchasers, pledges, mortgagees and lien claimants of the seller.

Notwithstanding the provisions of any retail time contract to the contrary, any buyer may prepay in full at any time before maturity the debt of any retail time contract and on so paying such debt shall receive a refund credit thereof for such anticipation of payments.The amount of such refund shall be calculated by the actuarial method.The lender shall retain no more interest than is actually earned whenever a retail time contract is prepaid.

The provisions of sections 408.250 to 408.370 shall not apply to retail time transactions consummated prior to the effective date hereof; provided, however, that with respect to any sale made subsequent to the effective date hereof pursuant to a retail charge agreement entered into prior to the effective date hereof, the provisions of sections 408.250 to 408.370 shall apply if (1) prior to the making of such sale the seller shall have delivered or mailed to the buyer a copy of a retail charge agreement, duly executed on behalf of the seller, conforming, except for the buyer’s signature, with the provisions of section 408.