Missouri § 173.150 - Recovery of loans.

Full text of Missouri Revised Statutes of Missouri § 173.150 — Recovery of loans., with citation guidance and answers to common questions.

§ 173.150. Recovery of loans.

The board, by rules and regulations, shall determine the policy of collections and recovery of loans, including the use of private collection agencies or assigning loans to the United States Secretary of Education.  Pursuant to the rules and regulations of the board the department may institute action to recover any amount due the program in any loan transaction, use private collection agencies, or otherwise carry out the policy set by the board.

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(L. 1967 1st Ex. Sess. p. 894 § 7, A.L. 1978 H.B. 891, A.L. 1994 S.B. 583)

---- end of effective  28 Aug 1994 ----

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Source: official Missouri text · Last verified 2026-08-27

Frequently Asked Questions About Missouri § 173.150

What does Revised Statutes of Missouri § 173.150 cover?

Section 173.150 ("Recovery of loans.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Missouri § 173.150?

A common citation format is "Revised Statutes of Missouri § 173.150" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Missouri law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.

How does Missouri § 173.150 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.