Missouri SB1021 modifies provisions for the Division of Finance, including licensing and regulation of various financial services.
Missouri SB1021 repeals and replaces several sections of the Revised Statutes of Missouri related to the Division of Finance. It introduces new licensing requirements and regulations for entities such as consumer legal funding companies, earned wage access services providers, credit services organizations, and premium finance companies. The bill mandates that these entities obtain licenses from the Division of Finance, pay licensing fees, and maintain certain records.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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