As used in sections 367.100 to 367.200:

 (1)  “Consumer credit loans” shall mean:

Terms Used In Missouri Laws 367.100

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
  • United States: includes such district and territories. See Missouri Laws 1.020

 (a)  Prior to January 1, 2002, loans for the benefit of or use by an individual or individuals:

 a.  Secured by a security agreement or any other lien on tangible personal property or by the assignment of wages, salary or other compensation; or

 b.  Unsecured and whether with or without comakers, guarantors, endorsers or sureties;

 (b)  Beginning January 1, 2002, and thereafter, loans for personal, family or household purposes in amounts of five hundred dollars or more;

 (2)  “Director” shall mean the director of the division of finance or such agency or agencies as may exercise the powers and duties now performed by such director;

 (3)  “Lender” shall mean any person engaged in the business of making consumer credit loans.  A person who makes an occasional consumer credit loan or who occasionally makes loans but is not regularly engaged in the business of making consumer credit loans shall not be considered a lender subject to sections 367.100 to 367.200;

 (4)  “Person” shall include individuals, partnerships, associations, trusts, corporations, and any other legal entities, excepting those corporations whose powers emanate from the laws of the United States and those which under other law are subject to the supervisory jurisdiction of the director or the director of the division of credit unions of Missouri;

 (5)  “Supervised business” shall mean the business of making consumer credit loans, as herein defined, of money, credit, goods, or things in action.