Application to existing contracts and future contracts
This law covers two types of contracts. First, it covers contracts that were already active and have no end date, plus any new or renewed contracts made after September 28, 1987. Second, if a contract was already in place on September 28, 1987, and had its own set end date, the old law (before that date) still applies to it.
407.885. to existing contracts and future contracts. — The of sections 407.850 to 407.885 shall apply to all valid contracts now in effect which have no expiration date and are , and all other contracts entered into or renewed after September 28, 1987. Any contract in force and effect on September 28, 1987, which by its own terms will terminate on a date subsequent shall be governed by the law as it existed prior to September 28, 1987.
Tap any gold-underlined word to see what it means.
Red section numbers link to that law.
Source & history notes
(L. 1982 H.B. 958 § 8, A.L. 1987 S.B. 35)
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.