No fiduciary relationship intended.

Mo. Rev. Stat. § 427.155
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
427.155. No fiduciary relationship intended. — Sections 427.110 to 427.190 do not impose a fiduciary relationship between the creditor and the debtor. Placement of collateral protection coverage is for the sole purpose of protecting the interest of the creditor when the debtor fails to insure collateral as required by the credit agreement. (L. 1997 H.B. 257)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=427.155Fetched: 10/17/2026
Mo. Rev. Stat. § 427.155 — No fiduciary relationship intended | Revised Statutes of Missouri (Aug. 2026 snapshot) | Corpus