362.010
|
Definitions. (8/28/2003) |
|
|
362.011
|
Trust business not engaged in, when — prohibition on use of words "trust company", when. (8/28/2002) |
|
|
362.015
|
No private banks shall be established — who may incorporate — when. (8/28/1984) |
|
|
362.020
|
Articles of agreement — contents. (8/28/2002) |
|
|
362.023
|
Trust company may refuse demand deposits by its articles of incorporation, effect of. (8/28/2021) |
|
|
362.025
|
Articles of agreement to be filed. (8/28/2019) |
|
|
362.030
|
Director to examine as to character and capital. (8/28/2019) |
|
|
362.034
|
Marijuana facilities, request for certain agencies to share information with banking institutions — procedure. (8/28/2023) |
|
|
362.035
|
Certificate of incorporation — issuance — to be filed. (8/28/2000) |
|
|
362.040
|
Notice of refusal of certificate — appeal. (8/28/2011) |
|
|
362.042
|
Restated articles of incorporation may be amended at time of restatement, manner. (8/28/2019) |
|
|
362.044
|
Stockholders' meetings — notice — business by proxy, cancellation of meetings. (8/28/2021) |
|
|
362.046
|
Bylaws, who may make, amend or repeal. (8/28/1967) |
|
|
362.048
|
Emergency bylaws — when. (8/28/2008) |
|
|
362.050
|
Cash capital required. (8/28/1967) |
|
|
362.055
|
Capital stock — par value. (8/28/1967) |
|
|
362.060
|
Change of par value — notice of meeting — when change effective. (8/28/2019) |
|
|
362.063
|
Power to close transfer books. (8/28/1967) |
|
|
362.067
|
Stock option plan for officers and employees — increase in shares — consideration. (8/28/1961) |
|
|
362.070
|
Compensation for organizing bank or trust company prohibited — penalty. (8/28/1967) |
|
|
362.073
|
Certain stock transfers or voting control changes must be reported to director of finance. (8/28/1967) |
|
|
362.075
|
Issuance and sale of preferred stock shares — subject to director's approval. (8/28/1967) |
|
|
362.077
|
Certain bank holding companies may not charter de novo bank or national bank, exceptions — purpose of law — severability clause. (7/13/1999) |
|
|
362.078
|
Industrial loan companies and banks prohibited from maintaining facilities for banking purposes, definitions. (8/28/2006) |
|
|
362.080
|
Stockholders may authorize issuance and sale, when — manner. (8/28/1967) |
|
|
362.085
|
Banks or trust companies may provide for issuance and sale in articles of incorporation. (8/28/1939) |
|
|
362.090
|
Par value of preferred stock issued and offered for sale. (8/28/1939) |
|
|
362.095
|
Charter shall set forth terms and conditions governing call, redemption and retirement of shares. (8/28/1939) |
|
|
362.100
|
Penalty. (8/28/1967) |
|
|
362.105
|
Powers and authority of banks and trust companies. (8/28/2017) |
|
|
362.106
|
Additional powers. (8/28/2003) |
|
|
362.107
|
Branch banking allowed, requirements — director of finance to approve, appeals. (8/28/2005) |
|
|
362.109
|
Restrictions on orders and ordinances of political subdivisions. (8/28/2008) |
|
|
362.110
|
Federal Deposit Insurance Corporation subrogated to depositors' rights in closed state banks or trust companies. (8/28/1967) |
|
|
362.111
|
Fees and service charges permitted, when, conditions. (8/28/2017) |
|
|
362.112
|
Bank or trust company may act as custodian, when. (8/28/2004) |
|
|
362.115
|
Bank may exercise powers of trust companies — application — examination — certificate — trust department. (8/28/2000) |
|
|
362.116
|
Trust accounts, originated by one bank or trust company, administration by another — requirements. (8/28/2000) |
|
|
362.117
|
State bank may become trust company — procedure. (8/28/2002) |
|
|
362.118
|
Trust company may become state bank — procedure. (1/2/1979) |
|
|
362.119
|
Investment in trust companies by bank, limitations — definitions. (8/28/2001) |
|
|
362.120
|
Capital notes may be issued and sold by banks and trust companies. (8/28/1939) |
|
|
362.125
|
Capital notes — denominations — rate of interest — maturity — impairment of capital — certain obligations to be prior claim. (8/28/1987) |
|
|
362.130
|
Extension of time for retirement of capital notes. (8/28/1939) |
|
|
362.135
|
Liquidation of assets — funds held in trust. (8/28/1939) |
|
|
362.140
|
Branch offices in foreign countries — how established — amount to be invested. (8/28/1967) |
|
|
362.145
|
Content of application — director may approve or reject — examination of branches. (8/28/1967) |
|
|
362.150
|
Director may investigate branches — require banks to dispose of holdings. (8/28/1967) |
|
|
362.155
|
Accounts of branches to be kept separately. (8/28/1967) |
|
|
362.160
|
May purchase stock in corporations to develop and maintain market for foreign and domestic exchange. (8/28/1939) |
|
|
362.165
|
Restrictions on taking and holding real estate. (8/28/2021) |
|
|
362.169
|
Population defined for legal loan limit. (8/28/1998) |
|
|
362.170
|
Unimpaired capital, defined — restrictions on loans, and total liability to any one person. (1/1/2017) |
|
|
362.171
|
Bank officer making excessive loan — penalty. (8/28/1969) |
|
|
362.172
|
Investment in stock of banks or bank holding companies — limitations. (8/28/2000) |
|
|
362.173
|
Investments in small business investment companies. (8/28/1959) |
|
|
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. (8/28/1983) |
|
|
362.180
|
Who may make Federal Housing Act loans. (8/28/1961) |
|
|
362.185
|
Financial institutions may invest securities under Federal Housing Act. (8/28/1961) |
|
|
362.190
|
May be used as security. (8/28/1939) |
|
|
362.191
|
State employee compensation deductions authorized for investment by office of administration. (8/28/2004) |
|
|
362.195
|
Applicability of sections 362.180 to 362.195. (8/28/1939) |
|
|
362.197
|
Capital contributions and investments in obligations of Federal National Mortgage Association. (8/28/1971) |
|
|
362.200
|
Money not to be employed in trade or commerce. (8/28/1967) |
|
|
362.205
|
Account books, requirements — property, how carried. (8/28/1967) |
|
|
362.207
|
Securities held in name of nominee. (8/28/1967) |
|
|
362.220
|
Agreements to pay time deposit before maturity prohibited — penalty. (8/28/1967) |
|
|
362.222
|
Checks to be paid at par — exceptions — penalty. (8/28/1969) |
|
|
362.225
|
Reserve depositaries. (8/28/2005) |
|
|
362.230
|
No new loans until depleted reserves are restored. (8/28/1972) |
|
|
362.231
|
Reserve requirements, federal regulation to take precedence, when. (8/28/1981) |
|
|
362.235
|
National bank may become state bank or trust company — procedure, effect. (8/28/2000) |
|
|
362.240
|
Change from state to national bank. (8/28/1983) |
|
|
362.245
|
Board of directors, qualifications — cumulative voting in electing director permitted when. (8/28/2024) |
|
|
362.247
|
Board, quorum — directors not physically present, counted when — rulemaking authority. (8/28/2021) |
|
|
362.250
|
Oath of directors to be subscribed and certified — retained by board — penalty. (8/28/2021) |
|
|
362.253
|
Two or more directors to constitute an executive committee — when. (8/28/1967) |
|
|
362.255
|
Tenure of office of directors. (8/28/1939) |
|
|
362.260
|
Vacancies in board of directors. (8/28/1939) |
|
|
362.265
|
Change of number of directors. (5/27/1981) |
|
|
362.270
|
Organizational meeting of directors. (8/28/2002) |
|
|
362.275
|
Monthly meeting of board — review of certain transactions — unanimous consent agreements permitted, when. (8/28/2006) |
|
|
362.290
|
Communications from director shall be submitted to directors and noted in minutes. (8/28/1967) |
|
|
362.295
|
Reports to director — publication — penalty. (8/28/2003) |
|
|
362.310
|
Surplus fund — composition — purposes. (8/28/2005) |
|
|
362.315
|
Net income or loss for dividend period to be determined — income to be credited to surplus fund — undivided profits available for dividends. (8/28/2005) |
|
|
362.325
|
Charter amended — procedure — notice — duty of director — appeal. (8/28/2011) |
|
|
362.330
|
Bank may sell whole or any part of its assets or business — procedure. (8/28/1995) |
|
|
362.331
|
Transfer of certain fiduciary capacities between affiliated banks and trust companies, procedure, liabilities — objection, procedure. (8/28/1989) |
|
|
362.332
|
Fiduciary obligations and liabilities, bank or trust company may transfer to another bank or trust company, procedure — definitions. (8/28/2008) |
|
|
362.333
|
Irrevocable life insurance trusts, banks and trust companies may transfer fiduciary obligations to bank or company with authorized trust authority. (8/28/2014) |
|
|
362.335
|
Officers and employees — limitation on powers — appointment of president not required — chief executive officer not required to be member of board, when. (8/28/2002) |
|
|
362.336
|
Fraudulent checks and drafts issued by bank or agent — penalty. (8/28/1939) |
|
|
362.337
|
Bank officer concealing loans, misdemeanor — penalty. (8/28/1939) |
|
|
362.340
|
Employees to give bond — insurance — publication of minimum levels of coverages. (8/28/2021) |
|
|
362.345
|
Penalties for receiving deposits when insolvent. (8/28/1967) |
|
|
362.350
|
Officers, how sued — evidence of knowledge. (8/28/1967) |
|
|
362.355
|
Administrators of deceased officers liable. (8/28/1939) |
|
|
362.360
|
Interpleader in certain actions — funds may remain in bank — costs. (8/28/1981) |
|
|
362.375
|
Adverse claim to deposit — not effectual, when — contract presented by third party, powers of bank or trust company. (8/28/1995) |
|
|
362.385
|
Rate of interest. (8/28/1967) |
|
|
362.405
|
Assessments by director of finance paid to director of revenue. (8/28/1967) |
|
|
362.410
|
Preservation of books and records. (8/28/1988) |
|
|
362.413
|
Reproduction of records — admissible in evidence — affidavit in lieu of appearance. (8/28/1998) |
|
|
362.415
|
Prohibitions against encroachments upon certain powers of banks. (8/28/1939) |
|
|
362.420
|
Prohibition of banking business. (8/28/1949) |
|
|
362.421
|
Advertising as bankers, prohibited, when — penalty. (8/28/1939) |
|
|
362.422
|
Disclosure of nonpublic personal information by financial institutions prohibited, rules, notice. (7/1/2001) |
|
|
362.423
|
Foreign banks or foreign or federally chartered loan associations may acquire and enforce indebtedness secured by property in this state. (8/28/1965) |
|
|
362.425
|
Use of sign or words indicating bank by unauthorized persons prohibited. (8/28/1967) |
|
|
362.430
|
Conditions to be complied with by foreign banking corporations applying for license. (8/28/2019) |
|
|
362.435
|
Foreign banking corporation may transact business in this state, when. (8/28/1949) |
|
|
362.440
|
Licenses to foreign corporations — renewal. (8/28/2019) |
|
|
362.445
|
Process defined — director of finance to accept service of process, when — fee. (8/28/2006) |
|
|
362.450
|
Revocation of authorization certificate or license in certain cases. (8/28/2019) |
|
|
362.455
|
Rights and privileges of foreign banking corporation under license — effect of revocation. (8/28/1939) |
|
|
362.460
|
Reports of foreign banking corporations — penalties. (8/28/1939) |
|
|
362.462
|
Relocation of main banking house in another state. (6/13/1995) |
|
|
362.463
|
Out-of-state bank may relocate to this state. (6/13/1995) |
|
|
362.464
|
Requirements for foreign bank to relocate in Missouri — application, contents — approval, effect — certificate, filing required — relocation of domestic bank, conversion of charter. (8/28/2000) |
|
|
362.465
|
Deposits of minors. (8/28/1967) |
|
|
362.466
|
Applicability of law — rights, powers, protections. (8/28/1997) |
|
|
362.470
|
Joint deposits. (8/28/1977) |
|
|
362.471
|
Pay-on-death accounts — form — effect — payments from. (8/28/1997) |
|
|
362.475
|
Deposits of deceased trustee shall be paid to beneficiary. (8/28/1967) |
|
|
362.480
|
Deposits of trustee, how paid out. (8/28/1939) |
|
|
362.483
|
Safe deposit corporation may be granted a certificate of incorporation by director, when — purposes of corporation. (8/28/1977) |
|
|
362.485
|
Special remedies available to banks doing a safe deposit business. (7/1/1994) |
|
|
362.487
|
Joint renters of safe deposit boxes authorized — surviving joint renter opens box, lessor's option not required to be present. (8/28/1994) |
|
|
362.488
|
Death of lessee, duties of lessor — additional duties by contract. (8/28/1984) |
|
|
362.490
|
Banks exempt from furnishing security for insured deposits. (8/28/1939) |
|
|
362.495
|
When payment and withdrawals may be suspended. (8/28/2001) |
|
|
362.500
|
Shall notify finance director of suspension — duties of commissioner. (8/28/1939) |
|
|
362.505
|
Audit of bank by director — approval of reopening plans. (8/28/1939) |
|
|
362.510
|
When director shall liquidate. (8/28/1939) |
|
|
362.515
|
Special deposits — nature — use. (8/28/1939) |
|
|
362.520
|
Banks may close, when — bank holiday, effect of. (8/28/2005) |
|
|
362.530
|
Contributions to charitable agencies. (8/28/1951) |
|
|
362.550
|
Appointment as fiduciary — investments — handling of trust property — effect of merger or consolidation. (8/28/2021) |
|
|
362.560
|
Trust guaranty fund. (8/28/1967) |
|
|
362.570
|
Application of trust guaranty fund. (8/28/2021) |
|
|
362.575
|
Personal representatives and other persons not liable as stockholders. (8/28/1983) |
|
|
362.580
|
Common trust fund authorized. (8/28/1977) |
|
|
362.590
|
Bond not required of banks and trust companies, when acting as fiduciaries. (8/28/1977) |
|
|
362.600
|
Reciprocal corporate fiduciary powers — certificates of reciprocity. (8/28/2019) |
|
|
362.610
|
Banks and trust companies may merge or consolidate. (8/28/1999) |
|
|
362.620
|
Agreement for consolidation. (8/28/1967) |
|
|
362.630
|
Agreement for merger. (8/28/1967) |
|
|
362.640
|
Agreement for merger or consolidation. (8/28/1967) |
|
|
362.650
|
Certified copies evidence. (8/28/1967) |
|
|
362.660
|
Verified copies of agreement and proceedings shall be submitted to finance director. (8/28/2019) |
|
|
362.670
|
Finance director shall certify finding within thirty days. (8/28/1967) |
|
|
362.680
|
Agreement to be submitted to stockholders, when — exceptions, procedures. (8/28/2000) |
|
|
362.690
|
Agreement binding, when. (8/28/1967) |
|
|
362.700
|
Agreement for merger becomes effective, when. (8/28/2000) |
|
|
362.710
|
Agreement for consolidation becomes effective, when. (8/28/2000) |
|
|
362.720
|
Receiving or consolidated company shall issue new certificates for old, when. (8/28/1967) |
|
|
362.730
|
Dissenting stockholder may receive reasonable value of his or her stock — limitation, petition, hearing, appointment of appraisers. (8/28/2000) |
|
|
362.740
|
Finding and report of appraisers — compensation — notice to be given by clerk of court — minority discount. (8/28/2000) |
|
|
362.750
|
Exceptions to appraisal, review, new appraisal, final judgment — stock to be surrendered. (8/28/2000) |
|
|
362.760
|
Cost of proceedings, how taxed. (8/28/1967) |
|
|
362.765
|
Definitions — state-chartered bank merger with nonbank subsidiaries or nonbank affiliates — procedure. (8/28/2021) |
|
|
362.770
|
Corporate existence of old merged into new company — title to property. (8/28/1967) |
|
|
362.780
|
New company succeeds to fiduciary relations of old. (8/28/1967) |
|
|
362.790
|
New company liable for obligations of old. (8/28/1967) |
|
|
362.800
|
Pending actions not to abate — substitution. (8/28/1967) |
|
|
362.810
|
Trust and fiduciary relations of old companies continue in new. (8/28/1983) |
|
|
362.820
|
Notice to director of division of finance prior to acquisition of trust company — disapproval of acquisition — exceptions — disapproval, grounds. (8/28/1993) |
|
|
362.900
|
Declaration of intent. (8/28/1967) |
|
|
|
BANK HOLDING COMPANIES |
|
|
362.910
|
Definitions. (8/28/2008) |
|
|
362.915
|
Limitation on bank holding company — total deposits, how computed. (8/28/1997) |
|
|
362.920
|
Procedure to obtain order allowing acquisition — duty of director. (1/2/1979) |
|
|
362.923
|
Bank holding companies, examination of, when — considered new business entity, when. (8/28/2003) |
|
|
362.930
|
Injunctive relief, when. (8/28/1999) |
|
|
362.935
|
Director of finance to administer — rules and orders authorized. (8/28/2001) |
|
|
362.940
|
Disclaimer as to implied repeal of other law. (1/1/1975) |
|
|
362.945
|
Definitions — examinations, cooperative and reciprocal agreements to make examinations, when. (5/15/1986) |
|
|
362.950
|
Affiliated entity of holding companies, transactions authorized — out-of-state transactions. (8/28/1995) |
|
|
|
MISSOURI FAMILY TRUST COMPANY ACT |
|
|
362.1010
|
Citation of law. (8/28/2024) |
|
|
362.1015
|
Definitions. (8/28/2024) |
|
|
362.1020
|
Inapplicability of certain sections, when. (8/28/2017) |
|
|
362.1030
|
Family trust company fund established — requirements for domestic and foreign companies to conduct business — application, contents. (8/28/2024) |
|
|
362.1035
|
Capital account, minimum required — company's duty to maintain, requirements. (8/28/2024) |
|
|
362.1037
|
Management authority, exclusively vested. (8/28/2020) |
|
|
362.1040
|
Organizational instruments, requirements. (8/28/2024) |
|
|
362.1045
|
Fidelity bonds, errors and omissions insurance policies, other insurance policies, company may procure and maintain. (8/28/2017) |
|
|
362.1050
|
Fiduciary books and records, how maintained — assets not subject to debts or obligations of the company. (8/28/2017) |
|
|
362.1055
|
Annual registration report, contents, filing fee. (8/28/2024) |
|
|
362.1060
|
Permissible acts — foreign companies, exercise of trust powers. (8/28/2024) |
|
|
362.1065
|
Commercial banking, engagement in prohibited. (8/28/2017) |
|
|
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. (8/28/2020) |
|
|
362.1075
|
Fiduciary capacity — oath, affirmation, affidavit, or acknowledgment. (8/28/2017) |
|
|
362.1080
|
Advertising prohibited. (8/28/2017) |
|
|
362.1085
|
Examination and investigation of company, procedure. (8/28/2024) |
|
|
362.1090
|
Cease and desist order — notice of charges, when, procedure. (8/28/2024) |
|
|
362.1095
|
Failure to submit annual registration report, fine — termination of registration, when — reinstatement, when. (8/28/2024) |
|
|
362.1100
|
Order of removal — notice of charges, when, procedure. (8/28/2024) |
|
|
362.1105
|
Books and records of company, confidentiality — inspection, when — violation, penalty. (8/28/2024) |
|
|
362.1110
|
Principal place of business — retention of records — in camera inspection, when. (8/28/2024) |
|
|
362.1115
|
Information exempt from sunshine law — disclosure, when — violation, penalty. (8/28/2024) |
|
|
362.1116
|
Rulemaking authority. (8/28/2024) |
|
|
362.1117
|
Hearing for aggrieved interested persons — judicial review for cease and desist orders and rules. (8/28/2024) |
|
|
362.1118
|
Severability clause. (8/28/2017) |
|
|