408.236. Recovery of interest barred, when, exceptions--actions taken or omitted in reliance on interpretation by division of finance, effect.

Recovery of interest barred, when, exceptions--actions taken oromitted in reliance on interpretation by division of finance, effect.

408.236. Any person violating the provisions of sections408.231 to 408.241 shall be barred from recovery of any intereston the contract, except where such violations occurred either:

(1) As a result of an accidental and bona fide error ofcomputation; or

(2) As a result of any acts done or omitted in reliance ona written interpretation of the provisions of sections 408.231 to408.241 by the division of finance.

(L. 1979 S.B. 305, A.L. 1988 H.B. 1355, A.L. 1994 H.B. 1312 merged with S.B. 718)