Each and every bank or trust company authorized hereunder shall conduct the accounts of each foreign branch independently of the accounts of other foreign branches established by it and of its home office and shall at the end of each year transfer to its general ledger the profit or loss accrued at each branch as a separate item.
Mo. Rev. Stat. § 362.155
Accounts of branches to be kept separately
Known as the Missouri Family Trust Company Act
The act spans §§ 362–362 (204 sections).
Effective: 28 Aug 1967; (RSMo 1939 § 7948, A.L. 1967 p. 445); Prior revisions: 1929 § 5353; 1919 § 11736
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.