Missouri Chapter 362 — Banks and Trust Companies

204 sections hosted, reproduced from the official public-domain source.

Mo. Rev. Stat. § 362.010— Definitions
Mo. Rev. Stat. § 362.011— Trust business not engaged in, when — prohibition on use of words "trust..
Mo. Rev. Stat. § 362.015— No private banks shall be established — who may incorporate — when
Mo. Rev. Stat. § 362.020— Articles of agreement — contents
Mo. Rev. Stat. § 362.023— Trust company may refuse demand deposits by its articles of incorporation,..
Mo. Rev. Stat. § 362.025— Articles of agreement to be filed
Mo. Rev. Stat. § 362.030— Director to examine as to character and capital
Mo. Rev. Stat. § 362.034— Marijuana facilities, request for certain agencies to share information..
Mo. Rev. Stat. § 362.035— Certificate of incorporation — issuance — to be filed
Mo. Rev. Stat. § 362.040— Notice of refusal of certificate — appeal
Mo. Rev. Stat. § 362.042— Restated articles of incorporation may be amended at time of restatement,..
Mo. Rev. Stat. § 362.044— Stockholders' meetings — notice — business by proxy, cancellation of meetings
Mo. Rev. Stat. § 362.046— Bylaws, who may make, amend or repeal
Mo. Rev. Stat. § 362.048— Emergency bylaws — when
Mo. Rev. Stat. § 362.050— Cash capital required
Mo. Rev. Stat. § 362.055— Capital stock — par value
Mo. Rev. Stat. § 362.060— Change of par value — notice of meeting — when change effective
Mo. Rev. Stat. § 362.063— Power to close transfer books
Mo. Rev. Stat. § 362.067— Stock option plan for officers and employees — increase in shares —..
Mo. Rev. Stat. § 362.070— Compensation for organizing bank or trust company prohibited — penalty
Mo. Rev. Stat. § 362.073— Certain stock transfers or voting control changes must be reported to..
Mo. Rev. Stat. § 362.075— Issuance and sale of preferred stock shares — subject to director's approval
Mo. Rev. Stat. § 362.077— Certain bank holding companies may not charter de novo bank or national..
Mo. Rev. Stat. § 362.078— Industrial loan companies and banks prohibited from maintaining facilities..
Mo. Rev. Stat. § 362.080— Stockholders may authorize issuance and sale, when — manner
Mo. Rev. Stat. § 362.085— Banks or trust companies may provide for issuance and sale in articles of..
Mo. Rev. Stat. § 362.090— Par value of preferred stock issued and offered for sale
Mo. Rev. Stat. § 362.095— Charter shall set forth terms and conditions governing call, redemption and..
Mo. Rev. Stat. § 362.100— Penalty
Mo. Rev. Stat. § 362.105— Powers and authority of banks and trust companies
Mo. Rev. Stat. § 362.106— Additional powers
Mo. Rev. Stat. § 362.107— Branch banking allowed, requirements — director of finance to approve, appeals
Mo. Rev. Stat. § 362.109— Restrictions on orders and ordinances of political subdivisions
Mo. Rev. Stat. § 362.110— Federal Deposit Insurance Corporation subrogated to depositors' rights in..
Mo. Rev. Stat. § 362.111— Fees and service charges permitted, when, conditions
Mo. Rev. Stat. § 362.112— Bank or trust company may act as custodian, when
Mo. Rev. Stat. § 362.115— Bank may exercise powers of trust companies — application — examination —..
Mo. Rev. Stat. § 362.116— Trust accounts, originated by one bank or trust company, administration by..
Mo. Rev. Stat. § 362.117— State bank may become trust company — procedure
Mo. Rev. Stat. § 362.118— Trust company may become state bank — procedure
Mo. Rev. Stat. § 362.119— Investment in trust companies by bank, limitations — definitions
Mo. Rev. Stat. § 362.120— Capital notes may be issued and sold by banks and trust companies
Mo. Rev. Stat. § 362.125— Capital notes — denominations — rate of interest — maturity — impairment of..
Mo. Rev. Stat. § 362.130— Extension of time for retirement of capital notes
Mo. Rev. Stat. § 362.135— Liquidation of assets — funds held in trust
Mo. Rev. Stat. § 362.140— Branch offices in foreign countries — how established — amount to be invested
Mo. Rev. Stat. § 362.145— Content of application — director may approve or reject — examination of..
Mo. Rev. Stat. § 362.150— Director may investigate branches — require banks to dispose of holdings
Mo. Rev. Stat. § 362.155— Accounts of branches to be kept separately
Mo. Rev. Stat. § 362.160— May purchase stock in corporations to develop and maintain market for..
Mo. Rev. Stat. § 362.165— Restrictions on taking and holding real estate
Mo. Rev. Stat. § 362.169— Population defined for legal loan limit
Mo. Rev. Stat. § 362.170— Unimpaired capital, defined — restrictions on loans, and total liability to..
Mo. Rev. Stat. § 362.171— Bank officer making excessive loan — penalty
Mo. Rev. Stat. § 362.172— Investment in stock of banks or bank holding companies — limitations
Mo. Rev. Stat. § 362.173— Investments in small business investment companies
Mo. Rev. Stat. § 362.175— Obligations issued pursuant to the Farm Credit Act or United States Housing..
Mo. Rev. Stat. § 362.180— Who may make Federal Housing Act loans
Mo. Rev. Stat. § 362.185— Financial institutions may invest securities under Federal Housing Act
Mo. Rev. Stat. § 362.190— May be used as security
Mo. Rev. Stat. § 362.191— State employee compensation deductions authorized for investment by office..
Mo. Rev. Stat. § 362.195— Applicability of sections 362.180 to 362.195
Mo. Rev. Stat. § 362.197— Capital contributions and investments in obligations of Federal National..
Mo. Rev. Stat. § 362.200— Money not to be employed in trade or commerce
Mo. Rev. Stat. § 362.205— Account books, requirements — property, how carried
Mo. Rev. Stat. § 362.207— Securities held in name of nominee
Mo. Rev. Stat. § 362.220— Agreements to pay time deposit before maturity prohibited — penalty
Mo. Rev. Stat. § 362.222— Checks to be paid at par — exceptions — penalty
Mo. Rev. Stat. § 362.225— Reserve depositaries
Mo. Rev. Stat. § 362.230— No new loans until depleted reserves are restored
Mo. Rev. Stat. § 362.231— Reserve requirements, federal regulation to take precedence, when
Mo. Rev. Stat. § 362.235— National bank may become state bank or trust company — procedure, effect
Mo. Rev. Stat. § 362.240— Change from state to national bank
Mo. Rev. Stat. § 362.245— Board of directors, qualifications — cumulative voting in electing director..
Mo. Rev. Stat. § 362.247— Board, quorum — directors not physically present, counted when — rulemaking..
Mo. Rev. Stat. § 362.250— Oath of directors to be subscribed and certified — retained by board — penalty
Mo. Rev. Stat. § 362.253— Two or more directors to constitute an executive committee — when
Mo. Rev. Stat. § 362.255— Tenure of office of directors
Mo. Rev. Stat. § 362.260— Vacancies in board of directors
Mo. Rev. Stat. § 362.265— Change of number of directors
Mo. Rev. Stat. § 362.270— Organizational meeting of directors
Mo. Rev. Stat. § 362.275— Monthly meeting of board — review of certain transactions — unanimous..
Mo. Rev. Stat. § 362.290— Communications from director shall be submitted to directors and noted in..
Mo. Rev. Stat. § 362.295— Reports to director, requirements — penalty
Mo. Rev. Stat. § 362.310— Surplus fund — composition — purposes
Mo. Rev. Stat. § 362.315— Net income or loss for dividend period to be determined — income to be..
Mo. Rev. Stat. § 362.325— Charter amended — procedure — notice — duty of director — appeal
Mo. Rev. Stat. § 362.330— Bank may sell whole or any part of its assets or business — procedure
Mo. Rev. Stat. § 362.331— Transfer of certain fiduciary capacities between affiliated banks and trust..
Mo. Rev. Stat. § 362.332— Fiduciary obligations and liabilities, bank or trust company may transfer..
Mo. Rev. Stat. § 362.333— Irrevocable life insurance trusts, banks and trust companies may transfer..
Mo. Rev. Stat. § 362.335— Officers and employees — limitation on powers — appointment of president..
Mo. Rev. Stat. § 362.336— Fraudulent checks and drafts issued by bank or agent — penalty
Mo. Rev. Stat. § 362.337— Bank officer concealing loans, misdemeanor — penalty
Mo. Rev. Stat. § 362.340— Employees to give bond — insurance — publication of minimum levels of..
Mo. Rev. Stat. § 362.345— Penalties for receiving deposits when insolvent
Mo. Rev. Stat. § 362.350— Officers, how sued — evidence of knowledge
Mo. Rev. Stat. § 362.355— Administrators of deceased officers liable
Mo. Rev. Stat. § 362.360— Interpleader in certain actions — funds may remain in bank — costs
Mo. Rev. Stat. § 362.375— Adverse claim to deposit — not effectual, when — contract presented by..
Mo. Rev. Stat. § 362.385— Rate of interest
Mo. Rev. Stat. § 362.405— Assessments by director of finance paid to director of revenue
Mo. Rev. Stat. § 362.410— Preservation of books and records
Mo. Rev. Stat. § 362.413— Reproduction of records — admissible in evidence — affidavit in lieu of..
Mo. Rev. Stat. § 362.415— Prohibitions against encroachments upon certain powers of banks
Mo. Rev. Stat. § 362.420— Prohibition of banking business
Mo. Rev. Stat. § 362.421— Advertising as bankers, prohibited, when — penalty
Mo. Rev. Stat. § 362.422— Disclosure of nonpublic personal information by financial institutions..
Mo. Rev. Stat. § 362.423— Foreign banks or foreign or federally chartered loan associations may..
Mo. Rev. Stat. § 362.424— Suspected fraudulent activity or financial exploitation, reporting of —..
Mo. Rev. Stat. § 362.425— Use of sign or words indicating bank by unauthorized persons prohibited
Mo. Rev. Stat. § 362.430— Conditions to be complied with by foreign banking corporations applying for..
Mo. Rev. Stat. § 362.435— Foreign banking corporation may transact business in this state, when
Mo. Rev. Stat. § 362.440— Licenses to foreign corporations — renewal
Mo. Rev. Stat. § 362.445— Process defined — director of finance to accept service of process, when — fee
Mo. Rev. Stat. § 362.450— Revocation of authorization certificate or license in certain cases
Mo. Rev. Stat. § 362.455— Rights and privileges of foreign banking corporation under license — effect..
Mo. Rev. Stat. § 362.460— Reports of foreign banking corporations — penalties
Mo. Rev. Stat. § 362.462— Relocation of main banking house in another state
Mo. Rev. Stat. § 362.463— Out-of-state bank may relocate to this state
Mo. Rev. Stat. § 362.464— Requirements for foreign bank to relocate in Missouri — application,..
Mo. Rev. Stat. § 362.465— Deposits of minors
Mo. Rev. Stat. § 362.466— Applicability of law — rights, powers, protections
Mo. Rev. Stat. § 362.470— Joint deposits
Mo. Rev. Stat. § 362.471— Pay-on-death accounts — form — effect — payments from
Mo. Rev. Stat. § 362.475— Deposits of deceased trustee shall be paid to beneficiary
Mo. Rev. Stat. § 362.480— Deposits of trustee, how paid out
Mo. Rev. Stat. § 362.483— Safe deposit corporation may be granted a certificate of incorporation by..
Mo. Rev. Stat. § 362.485— Special remedies available to banks doing a safe deposit business
Mo. Rev. Stat. § 362.487— Joint renters of safe deposit boxes authorized — surviving joint renter..
Mo. Rev. Stat. § 362.488— Death of lessee, duties of lessor — additional duties by contract
Mo. Rev. Stat. § 362.490— Banks exempt from furnishing security for insured deposits — single bank..
Mo. Rev. Stat. § 362.495— When payment and withdrawals may be suspended
Mo. Rev. Stat. § 362.500— Shall notify finance director of suspension — duties of commissioner
Mo. Rev. Stat. § 362.505— Audit of bank by director — approval of reopening plans
Mo. Rev. Stat. § 362.510— When director shall liquidate
Mo. Rev. Stat. § 362.515— Special deposits — nature — use
Mo. Rev. Stat. § 362.520— Banks may close, when — bank holiday, effect of
Mo. Rev. Stat. § 362.530— Contributions to charitable agencies
Mo. Rev. Stat. § 362.550— Appointment as fiduciary — investments — handling of trust property —..
Mo. Rev. Stat. § 362.560— Trust guaranty fund
Mo. Rev. Stat. § 362.570— Application of trust guaranty fund
Mo. Rev. Stat. § 362.575— Personal representatives and other persons not liable as stockholders
Mo. Rev. Stat. § 362.580— Common trust fund authorized
Mo. Rev. Stat. § 362.590— Bond not required of banks and trust companies, when acting as fiduciaries
Mo. Rev. Stat. § 362.600— Reciprocal corporate fiduciary powers — certificates of reciprocity
Mo. Rev. Stat. § 362.610— Banks and trust companies may merge or consolidate
Mo. Rev. Stat. § 362.620— Agreement for consolidation
Mo. Rev. Stat. § 362.630— Agreement for merger
Mo. Rev. Stat. § 362.640— Agreement for merger or consolidation
Mo. Rev. Stat. § 362.650— Certified copies evidence
Mo. Rev. Stat. § 362.660— Verified copies of agreement and proceedings shall be submitted to finance..
Mo. Rev. Stat. § 362.670— Finance director shall certify finding within thirty days
Mo. Rev. Stat. § 362.680— Agreement to be submitted to stockholders, when — exceptions, procedures
Mo. Rev. Stat. § 362.690— Agreement binding, when
Mo. Rev. Stat. § 362.700— Agreement for merger becomes effective, when
Mo. Rev. Stat. § 362.710— Agreement for consolidation becomes effective, when
Mo. Rev. Stat. § 362.720— Receiving or consolidated company shall issue new certificates for old, when
Mo. Rev. Stat. § 362.730— Dissenting stockholder may receive reasonable value of his or her stock —..
Mo. Rev. Stat. § 362.740— Finding and report of appraisers — compensation — notice to be given by..
Mo. Rev. Stat. § 362.750— Exceptions to appraisal, review, new appraisal, final judgment — stock to..
Mo. Rev. Stat. § 362.760— Cost of proceedings, how taxed
Mo. Rev. Stat. § 362.765— Definitions — state-chartered bank merger with nonbank subsidiaries or..
Mo. Rev. Stat. § 362.770— Corporate existence of old merged into new company — title to property
Mo. Rev. Stat. § 362.780— New company succeeds to fiduciary relations of old
Mo. Rev. Stat. § 362.790— New company liable for obligations of old
Mo. Rev. Stat. § 362.800— Pending actions not to abate — substitution
Mo. Rev. Stat. § 362.810— Trust and fiduciary relations of old companies continue in new
Mo. Rev. Stat. § 362.820— Notice to director of division of finance prior to acquisition of trust..
Mo. Rev. Stat. § 362.900— Declaration of intent
Mo. Rev. Stat. § 362.910— Definitions
Mo. Rev. Stat. § 362.915— Limitation on bank holding company — total deposits, how computed
Mo. Rev. Stat. § 362.920— Procedure to obtain order allowing acquisition — duty of director
Mo. Rev. Stat. § 362.923— Bank holding companies, examination of, when — considered new business..
Mo. Rev. Stat. § 362.930— Injunctive relief, when
Mo. Rev. Stat. § 362.935— Director of finance to administer — rules and orders authorized
Mo. Rev. Stat. § 362.940— Disclaimer as to implied repeal of other law
Mo. Rev. Stat. § 362.945— Definitions — examinations, cooperative and reciprocal agreements to make..
Mo. Rev. Stat. § 362.950— Affiliated entity of holding companies, transactions authorized —..
Mo. Rev. Stat. § 362.1010— Citation of law
Mo. Rev. Stat. § 362.1015— Definitions
Mo. Rev. Stat. § 362.1020— Inapplicability of certain sections, when
Mo. Rev. Stat. § 362.1030— Family trust company fund established — requirements for domestic and..
Mo. Rev. Stat. § 362.1035— Capital account, minimum required — company's duty to maintain, requirements
Mo. Rev. Stat. § 362.1037— Management authority, exclusively vested
Mo. Rev. Stat. § 362.1040— Organizational instruments, requirements
Mo. Rev. Stat. § 362.1045— Fidelity bonds, errors and omissions insurance policies, other insurance..
Mo. Rev. Stat. § 362.1050— Fiduciary books and records, how maintained — assets not subject to debts..
Mo. Rev. Stat. § 362.1055— Annual registration report, contents, filing fee
Mo. Rev. Stat. § 362.1060— Permissible acts — foreign companies, exercise of trust powers
Mo. Rev. Stat. § 362.1065— Commercial banking, engagement in prohibited
Mo. Rev. Stat. § 362.1070— Capital account, minimum assets — rental of real or personal property —..
Mo. Rev. Stat. § 362.1075— Fiduciary capacity — oath, affirmation, affidavit, or acknowledgment
Mo. Rev. Stat. § 362.1080— Advertising prohibited
Mo. Rev. Stat. § 362.1085— Examination and investigation of company, procedure
Mo. Rev. Stat. § 362.1090— Cease and desist order — notice of charges, when, procedure
Mo. Rev. Stat. § 362.1095— Failure to submit annual registration report, fine — termination of..
Mo. Rev. Stat. § 362.1100— Order of removal — notice of charges, when, procedure
Mo. Rev. Stat. § 362.1105— Books and records of company, confidentiality — inspection, when —..
Mo. Rev. Stat. § 362.1110— Principal place of business — retention of records — in camera inspection,..
Mo. Rev. Stat. § 362.1115— Information exempt from sunshine law — disclosure, when — violation, penalty
Mo. Rev. Stat. § 362.1116— Rulemaking authority
Mo. Rev. Stat. § 362.1117— Hearing for aggrieved interested persons — judicial review for cease and..
Mo. Rev. Stat. § 362.1118— Severability clause