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SB 835 - This act modifies provisions relating to financial instruments. Current law prohibits parties from agreeing in writing to any rate of interest, fees, and other terms and conditions in connection with any loan of less than $5,000 secured by real estate used for agricultural activity. This act repeals that prohibition. The act permits lenders making loans pursuant to the Missouri Consumer Loan Act to charge consumers for the cost for a credit report or reports. A provision of law is repealed requiring description of a woman's status as "wife" when executing a certificate of acknowledgment form in the course of a real estate transaction with her husband. SCOTT SVAGERA
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