Mo. Rev. Stat. § 427.155
Current with changes from the 2023 Legislative Session
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.
§ 427.155, RSMo