The value of the securities deposited and maintained by a legal depositary under section 110.010 shall at all times be not less than one hundred percent of the actual amount of the funds on deposit with the depositary, less the amount, if any, insured by the Federal Deposit Insurance Corporation.
Mo. Rev. Stat. § 110.020
Securities deposited, amount of
Effective: 28 Aug 1973; (RSMo 1939 § 8184, A.L. 1959 S.B. 77, A.L. 1973 S.B. 66)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.