Explains requirements for written guidance provided by an agency in response to an inquiry by a financial institution and sets forth the civil actions that can be brought for a fraudulent act or intentional misconduct of the financial institution

HB 3107 protects Missouri financial institutions (like banks, credit unions, and lenders) from state civil lawsuits when they follow written guidance from regulatory agencies (such as the Consumer Financial Protection Bureau or Missouri Division of Finance), as long as they acted in good faith. It explicitly states that institutions cannot be held liable for complying with such guidance, even if the guidance later changes or is invalidated, but does not shield them from liability for fraud, intentional misconduct, or gross negligence. The law applies to guidance covering mandatory disclosures (like mortgage terms under Truth in Lending Act) and accessibility requirements (like ADA compliance). It clarifies that federal law or enforcement actions remain unaffected.