Tender without deposit stops interest or accumulation of damages.

Mo. Rev. Stat. § 514.240
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
514.240. Tender without deposit stops interest or accumulation of damages. — Where tender and no deposit shall be made, as provided in section 514.230 , the tender shall only have the effect, in law, to prevent the running of interest or accumulation of damages from and after the time such tender was made. (RSMo 1939 § 1424) Prior revisions: 1929 § 1260; 1919 § 1712; 1909 § 2281
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=514.240Fetched: 10/17/2026

Starting a business in Missouri? Missouri LLC guide: costs and requirements