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