Terms Used In Missouri Laws 369.259

  • Association: a savings and loan association or a savings association subject to the provisions of this chapter. See Missouri Laws 369.014
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Property: includes real and personal property. See Missouri Laws 1.020
  • Security instrument: mortgage, deed of trust, or other instrument in which real or personal property is security for a debt. See Missouri Laws 369.014

In the event of a conveyance or transfer of any property upon which an association has a lien without the consent of the association, the association may proceed as provided in the note or security instrument.