443.160. Personal representative may satisfy and deliver deed or release. — The personal representative of the holder or owner of any indebtedness secured by any security instrument, shall, if such indebtedness had been paid to the decedent in such decedent‘s lifetime, upon request of the owner or owners of the property conveyed by such security instrument, deliver to such person a sufficient deed of release of such security instrument.
Terms Used In Missouri Laws 443.160
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
- Property: includes real and personal property. See Missouri Laws 1.020
- Security instrument: as that term is used in this chapter, shall mean any mortgage, deed of trust or other real property security instrument securing the payment or satisfaction of any debt or other obligation. See Missouri Laws 443.005