Every association is required to maintain liquid assets in an amount not less than a minimum percentage established by the director of the division of finance.
Mo. Rev. Stat. § 369.224
Association to maintain liquid assets — minimum percentage, how set
Known as the Savings and Loan Law
The act spans §§ 369–369 (92 sections).
Effective: 06 Jul 1994, see footnote; (L. 1971 S.B. 3 § 44, A.L. 1983 H.B. 570, A.L. 1989 S.B. 40, A.L. 1994 H.B. 1165)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.