Mo. Rev. Stat. § 400.3-112
Interest
Missouri · Revised Statutes of Missouri Chapter 400 — Uniform Commercial Code · Status: effective · Effective 1992-08-28
Cite this
- Citation
- Mo. Rev. Stat. § 400.3-112, Interest, Missouri, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1814971
- Permanent ID
ys:prov:1814971@1- SHA-256
d69f09a3ce139141f7a13919ceba50dfc41cb753fdec269a7f7e5bf5d13a03aa
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Unless otherwise provided in the instrument, (i) an instrument is not payable with interest, and (ii) interest on an interest-bearing instrument is payable from the date of the instrument.
(b) Interest may be stated in an instrument as a fixed or variable amount of money or it may be expressed as a fixed or variable rate or rates. The amount or rate of interest may be stated or described in the instrument in any manner and may require reference to information not contained in the instrument. If an instrument provides for interest, but the amount of interest payable cannot be ascertained from the description, interest is payable at the judgment rate in effect at the place of payment of the instrument and at the time interest first accrues.