435.460. Notice of arbitration provisions required.
Notice of arbitration provisions required.
435.460. Each contract subject to the provisions of sections435.350 to 435.470 shall include adjacent to, or above, the spaceprovided for signatures a statement, in ten point capitalletters, which read substantially as follows: "THIS CONTRACTCONTAINS A BINDING ARBITRATION PROVISION WHICH MAY BE ENFORCED BYTHE PARTIES."
(L. 1980 H.B. 1203 § 23)(1985) Provisions of this section may not be applied to defeat the arbitration provision of a contract within the coverage of the Federal Arbitration Act (Maritime transactions or transactions involving commerce). Bunge Corp. v. Perryville Feed & Produce (Mo.banc), 685 S.W.2d 837.
(1985) Held to be invalid when applied to commercial contracts involving interstate commerce pursuant to preemption by the Federal Arbitration Act, 9 U.S.C. §§ 1-14 (1982). Bunge Corp. v. Perryville Feed and Produce Co., (Mo.banc) 685 S.W.2d 837.