Stakeholder liable.

Checkout our iOS App for a better way to browser and research.

Effective - 28 Aug 1939

434.050. Stakeholder liable. — Every stakeholder who shall knowingly receive any money or property, staked upon any betting declared gaming by the foregoing provisions, shall be liable to the party who placed such money or property in his hands, both before and after the determination of such bet; and the delivery of the money or property to the winner shall be no defense to any action brought by the losing party for the recovery thereof; provided, that no stakeholder shall be liable afterward unless a demand has been made of such stakeholder for the money or property in his possession, previous to the expiration of the time agreed upon by the parties for the determination of the bet or wager.

­­--------

(RSMo 1939 § 3399)

Prior revisions: 1929 § 3012; 1919 § 5749; 1909 § 6630


Download our app to see the most-to-date content.