The attorney general (the state's top lawyer) can enforce laws about motor vehicle financial protection products. If a company or person breaks these rules, the attorney general can order them to stop. The attorney general can also fine them up to $500 per violation, but no more than $10,000 total for the same type of violations.
407.2080. by . — The attorney general may take that is necessary or to the of sections 407.2020 to 407.2090 and to protect consumers in this state. After proper notice and opportunity for , the attorney general may:
(1) the , , , or any other person not in with the provisions of sections 407.2020 to 407.2090 to from product-related operations that are in violation of the provisions of sections 407.2020 to 407.2090; and
(2) Impose a of not more than five hundred dollars for each violation of the provisions of sections 407.2020 to 407.2090 and not more than ten thousand dollars for all violations of a similar nature. A violation shall be considered of a similar nature to another violation if the violation consists of the same or similar , action, or practice, irrespective of the number of times the action, conduct, or practice that is determined to be a violation of the provisions of sections 407.2020 to 407.2090 occurred.
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Source & history notes
(L. 2023 S.B. 398)
Related Missouri laws
Products not considered insurance, when
RSMo 407.2085
Inapplicability to commercial transactions
RSMo 407.2075
Applicability, when
RSMo 407.2090
Agreement disclosures
RSMo 407.2070
Administration of agreements, use of administrator or designee
RSMo 407.2065
Definitions
RSMo 407.2060
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.