Effective – 28 Aug 2015 361.120. Preservation of records — report to governor — destruction of records, when. — 1. The director of finance shall preserve all records, reports and papers of every kind pertaining to the division of finance for a period of ten years, and shall permanently preserve all records, reports and papers […]
Effective – 28 Aug 2003 361.130. Reports to director — information accepted in lieu of reports. — 1. The director shall require all financial institutions under his or her supervision to make regular periodic reports of their condition to him or her, and in addition the director may require special reports at such times as […]
Effective – 28 Aug 1967 361.150. Acceptance of gifts or favors prohibited. — It shall be unlawful for any director, deputy, examiner, clerk or special agent to accept as presents or emoluments any pay or other valuable thing by way of gift, credit or otherwise, directly or indirectly, for the discharge of any act in […]
Effective – 11 Oct 2013, 2 histories *361.160. Examination of banks and trust companies. — 1. The director of finance at least once each year, either personally or by a deputy or examiner appointed by the director, shall visit and examine every bank and trust company organized and doing business under the laws of this […]
Effective – 28 Aug 2005, 2 histories 361.170. Expenses of examination, how paid — salary schedule for division employees to be maintained — division of finance fund, created, uses, transfers to general revenue fund, when. — 1. The expense of every regular and every special examination, together with the expense of administering the banking laws, […]
Effective – 28 Aug 1949 361.180. False report of corporation solvency. — 1. If the director, any deputy or examiner knowingly and wrongfully reports any corporation as solvent when it is insolvent or insolvent when it is solvent, any person injured thereby shall have a right of action on the official bond of such director, […]
Effective – 28 Aug 1993 361.190. Claims entitled to priority, liquidation or insolvency. — In case of the insolvency or voluntary or involuntary liquidation of any corporation to which this chapter is applicable, the following claims shall have priority in the order herein specified: (1) All unpaid charges lawfully assessed against it by the director […]
Effective – 28 Aug 1939 361.200. Unclaimed deposits, dividends and interest — deposit by director in trust — preference. — 1. The director may take and hold as trustee for the owners thereof any sums which remain due to and unclaimed by any creditor, depositor, stockholder or shareholder of any corporation, to which this chapter […]
Effective – 28 Aug 1939 361.220. Index of persons entitled to unclaimed sums — payment to persons entitled. — 1. The director shall keep in his office an index of the names of all persons for whom he holds in trust any unclaimed deposits, dividends or interest and of the names of all persons reported […]
Effective – 28 Aug 2019, 2 histories 361.230. Branch offices — approval — certificate. — 1. Upon receipt by the director of a written application for leave to open a branch office from a corporation authorized by law to open branch offices, he or she shall make such investigation as he or she may deem […]
Effective – 28 Aug 2008 361.240. Director’s approval — discretion — filing — written waivers required. — 1. In any case in which the law makes the approval of the director a condition precedent to the doing of any act, unless otherwise provided by law, it shall lie within his sound discretion to grant or […]
Effective – 28 Aug 2019, 2 histories 361.250. Extensions of time by director. — For satisfactory cause to him shown, the director of finance may grant extensions of time to corporations to which this chapter is applicable, as follows: (1) He or she may extend for not more than one year the time within which […]
Effective – 28 Aug 1995 361.259. Director’s powers extend to out-of-state banks operating in Missouri. — The director’s powers in sections 361.260 to 361.269 and the procedures described in such sections shall apply to any out-of-state bank which operates a Missouri branch to the same extent such powers and procedures apply to Missouri banks. ——– […]
Effective – 30 Apr 1990 361.260. Violations, director to serve written notice of charges — hearing, temporary orders, when — orders set aside, procedure — penalty. — 1. Whenever the director shall have reason to believe that the capital stock of any corporation subject to the provisions of this chapter is reduced by impairment or […]
Effective – 30 Apr 1990 361.261. Authority to issue orders — includes certain other powers. — 1. The authority to issue an order under section 361.260 which requires a corporation or any director, officer, employee, agent, or other person participating in the conduct of the affairs of such corporation to take affirmative action to correct […]
Effective – 28 Aug 2005 361.262. Removal or suspension from office, grounds — written notice of intention, effective when — served on whom. — 1. Whenever it shall appear to the director, from any examination made by him or his examiners, that any director, officer, or any other person participating in the conduct of the […]
Effective – 28 Aug 1985 361.264. Notice of intention to remove or prohibit participation, content — hearing, failure to appear, effect — order issued when, effective when. — A notice of intention to remove a director, officer, or other person from office or to prohibit his participation in the conduct of the affairs of a […]
Effective – 28 Aug 1985 361.266. Stay of suspension or prohibition, procedure. — Within ten days after any director, officer, or other person has been suspended from office, prohibited from participation in the conduct of the affairs of a corporation, or both, under subsection 3 of section 361.262, such director, officer, or other person may […]
Effective – 28 Aug 1985 361.267. Information, complaint or indictment of director, officers or other persons — certain charges, effect, procedure. — Whenever a director or officer of a corporation, or other person participating in the conduct of the affairs of such corporation, is charged in any information or complaint authorized by a prosecuting attorney […]
Effective – 28 Aug 1985 361.268. Powers of the board of directors vested in director of finance, when — temporary directors appointed. — If at any time because of the suspension of one or more directors pursuant to sections 361.262 to 361.269 there shall be on the board of directors of a corporation less than […]
