The director's powers in sections 361.260 to 361.269 and the procedures described in such sections shall apply to any out-of-state bank which operates a Missouri branch to the same extent such powers and procedures apply to Missouri banks.
Mo. Rev. Stat. § 361.259
Director's powers extend to out-of-state banks operating in Missouri
Known as the Money Transmission Modernization Act
The act spans §§ 361–361 (125 sections).
Effective: 28 Aug 1995; (L. 1995 H.B. 63, et al.)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.