Cal. Civ. Code § 407.125
Chapter not limitation for commissioner of securities
Operative Text
The provisions of this chapter shall not bar the commissioner of securities from administering the provisions of chapter 409.
Missouri Revised Statutes § 407.125 clarifies that the consumer-protection rules found in Chapter 407 do not restrict or preempt the Commissioner of Securities from carrying out the regulatory duties assigned under Chapter 409, Missouri's securities law. In other words, both bodies of law operate independently, and the existence of one does not limit the reach of the other. The two regulatory frameworks can apply simultaneously to conduct that falls within both their scopes.
Plain English — not legal advice.
Property owners and managers who engage in any securities-related activity—such as syndicating rental properties or offering investment interests—should be aware that § 407.125 preserves the Commissioner of Securities' full authority under Chapter 409, separate from any obligations under Chapter 407. Compliance with consumer-protection rules does not substitute for compliance with Missouri securities regulations. Operators generally ensure that any investment-related offerings are reviewed against both regulatory frameworks.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Section 407.125 confirms that tenants and consumers retain the protections of Chapter 407 without those protections diminishing the oversight powers the Commissioner of Securities holds under Chapter 409. If a situation involves both consumer-protection concerns and potential securities violations, both sets of rules may be relevant. Tenants who believe they have encountered misconduct touching on securities activity can consult a tenant-rights organization or contact the Missouri Commissioner of Securities to understand what avenues may be available.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated October 14, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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