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#1138624 - 03/02/09 10:17 PM On demand clause for commercial loans
Samantha1 Offline
New Poster
Joined: Oct 2006
Posts: 3
Missouri
I understand from ARTA (Wolters Kluwer) our document system, that the demand clause was removed from documents in 2004 due to a change in Missouri law, I am looking for assistance to locate information about this change, any idea where I can find this info?

Thanks in advance.

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#1138676 - 03/03/09 04:13 AM Re: On demand clause for commercial loans Samantha1
Tom at HOME Offline
Diamond Poster
Joined: Oct 2005
Posts: 1,139
Since Wolters Kluwer said the modification was made due to a change in Missouri law, they should be able to cite the law to justify the change. I'm certain they can, if asked.

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#1139370 - 03/03/09 10:37 PM Re: On demand clause for commercial loans Tom at HOME
Samantha1 Offline
New Poster
Joined: Oct 2006
Posts: 3
Missouri
Thanks Tom, I did ask, and they referred me to our legal counsel. I thought maybe someone from Missouri might have had some previous dealings regarding this subject.

Thanks again for responding.

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