MO · SERVICE-AGMT · Updated July 2026 · Free
Missouri Service Agreement
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Missouri at a glance: Default Interest: 9% per year (Mo. Rev. Stat. § 408.020) · Governing Law: Missouri Statutes Chapter 408
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Overview
Service Agreements in Missouri
Missouri service agreements are governed by Chapter 408 of the Missouri Revised Statutes. Late fees must comply with the 9% statutory cap unless written (Mo. Rev. Stat. § 408.020).
Key Facts
Missouri Service Agreement — Quick Reference
| Requirement | Missouri Rule |
|---|---|
| Default Interest | 9% per year (Mo. Rev. Stat. § 408.020) |
| Governing Law | Missouri Statutes Chapter 408 |
Legal Requirements
Missouri Legal Requirements
- Late fees exceeding 9% per year must be in writing to be enforceable.
Governing Laws
Missouri Governing Laws
Read the full text of these laws at Cornell Law School's Missouri legal resources or your state legislature's official website.
Questions & Answers
Missouri Service Agreement — Frequently Asked Questions
What is the default contract interest rate in Missouri?
The default rate is 9% per annum.