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Mo. Rev. Stat. § 362.350

Officers, how sued — evidence of knowledge

Known as the Missouri Family Trust Company Act

The act spans §§ 362–362 (204 sections).

Effective: 28 Aug 1967; (RSMo 1939 § 7977, A.L. 1967 p. 445); Prior revisions: 1929 § 5382; 1919 § 11764; 1909 § 1114

In all suits brought for the recovery of the amount of any deposits received, or debts so created, all officers, agents or managers of the bank or trust company charged with so having assented to the reception of the deposits, or the creation of the debt, may be joined as defendants or proceeded against severally, and the fact that the bank or trust company was so insolvent or in failing circumstances at the time of the reception of the deposit charged to have been so received, or the creation of the debt charged to have been so created, shall be prima facie evidence of knowledge and assent to the deposit or creation of the debt on the part of the officer, agent or manager.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.