Section 369.703 – Merger — conversion — trust powers — director’s powers.
Effective – 28 Aug 1997 369.703. Merger — conversion — trust powers — director’s powers. — 1. A savings bank may merge with or convert its charter to that of a bank pursuant to the provisions of section 369.087, to the same extent as if it were an association. 2. A savings bank may exercise […]
Section 369.705 – Definitions — savings banks merger with nonbank subsidiaries or nonbank affiliates — procedure.
Effective – 28 Aug 2021 369.705. Definitions — savings banks merger with nonbank subsidiaries or nonbank affiliates — procedure. — 1. As used in this section, the following terms mean: (1) “Nonbank affiliate”, any nonbank business entity of which a bank holding company or bank savings and loan holding company holds control, as defined under […]
Section 369.369 – Penalty for false statement or certificate.
Effective – 28 Aug 1971 369.369. Penalty for false statement or certificate. — If any statement or certificate which is required by sections 369.010 to 369.369 is false, any person who with knowledge of such falsity willfully swears to such statement or certificate is guilty of perjury, and upon conviction thereof shall be punished as […]
Section 369.338 – Cease and desist orders, period of supervision, when, procedure, duties of association — costs, how fixed and paid.
Effective – 06 Jul 1994 369.338. Cease and desist orders, period of supervision, when, procedure, duties of association — costs, how fixed and paid. — If, in connection with any cease and desist order issued pursuant to this chapter, the director of the division of finance requests the consent of the board of directors of […]
Section 369.339 – Director to take over association, when — procedure.
Effective – 06 Jul 1994 369.339. Director to take over association, when — procedure. — 1. If the director of the division of finance finds, as a result of any examination or from any report made to the director or to any association, that the association is violating the provisions of its articles of incorporation, […]
Section 369.344 – Powers of director during take-over of association.
Effective – 06 Jul 1994 369.344. Powers of director during take-over of association. — 1. When the director of the division of finance takes possession of the property, business and assets of an association, the director may manage and conduct its business and affairs and collect all money due to such association, and the director […]
Section 369.349 – Liquidation by director, procedure.
Effective – 06 Jul 1994 369.349. Liquidation by director, procedure. — 1. When the director of the division of finance determines to liquidate an association, the director shall file a petition in the circuit court of the county in which the principal office of the association is located setting forth the facts. If the court […]
Section 369.354 – Federal Deposit Insurance Corporation may act as receiver or liquidator without bond.
Effective – 06 Jul 1994 369.354. Federal Deposit Insurance Corporation may act as receiver or liquidator without bond. — 1. The Federal Deposit Insurance Corporation or any successor thereto may act without bond as sole or joint receiver or liquidator of any insured association which has been taken over pursuant to the provisions of sections […]
Section 369.359 – Foreign association doing business in state must comply with regulation by division of finance.
Effective – 06 Jul 1994 369.359. Foreign association doing business in state must comply with regulation by division of finance. — No foreign association or foreign holding company shall transact the business of a savings association within this state, or maintain an office in this state for the purpose of transacting such business, or acquire […]
Section 369.361 – Foreign associations adjoining states and principal business outside state, requirements to do business — principal business, how determined — control, defined.
Effective – 28 Aug 1986 369.361. Foreign associations adjoining states and principal business outside state, requirements to do business — principal business, how determined — control, defined. — 1. Notwithstanding any law to the contrary, foreign associations which conduct their principal operations in a state adjoining Missouri, and which are not controlled by a foreign […]