Section 369.059 – Amendment of articles of incorporation, procedure.
Effective – 28 Aug 2019, 2 histories 369.059. Amendment of articles of incorporation, procedure. — Subject to the approval of the director of the division of finance, every association may amend its articles of incorporation upon the adoption of a resolution covering each amendment by the affirmative votes of a majority of the members of […]
Section 369.129 – Association records, how kept.
Effective – 06 Jul 1994 369.129. Association records, how kept. — 1. Each association shall keep complete records and books of account covering all business of the association. The director of the division of finance may adopt regulations concerning the making and retention of the books of account, minutes of proceedings of members of mutual […]
Section 369.064 – Failure to commence business within six months, effect of.
Effective – 06 Jul 1994 369.064. Failure to commence business within six months, effect of. — Any association which shall not commence business within six months after the date upon which its corporate existence begins shall forfeit its corporate existence, unless the director of the division of finance, before the expiration of such six months’ […]
Section 369.134 – Reserve account required.
Effective – 06 Jul 1994 369.134. Reserve account required. — Each association shall establish a general reserve account, for the purpose of absorbing losses, and such other reserves as the director of the division of finance may require. The association shall maintain the general reserve account at such amount, make such transfers to the general […]
Section 369.069 – Conversion to federal association, procedure, effect of.
Effective – 06 Jul 1994 369.069. Conversion to federal association, procedure, effect of. — 1. At a meeting of the members of a mutual association or stockholders of a capital stock association, any association may convert itself into a federal savings association, hereinafter called a “federal association”, in accordance with the laws of the United […]
Section 369.139 – Emergency rules and regulations, when.
Effective – 06 Jul 1994 369.139. Emergency rules and regulations, when. — The director of the division of finance may promulgate rules and regulations to provide for the continuity of the management and business of an association in the event of a national emergency declared by the President of the United States or the person […]
Section 369.074 – Conversion to state association, procedure, effect of.
Effective – 28 Aug 2019, 2 histories 369.074. Conversion to state association, procedure, effect of. — At a meeting of the members of a mutual association or of the stockholders of a capital stock association, any federal association may convert itself into an association under sections 369.010 to 369.369 upon a vote of the majority […]
Section 369.144 – Powers of an association.
Effective – 28 Aug 2011 369.144. Powers of an association. — Each association incorporated pursuant to or operating under the provisions of sections 369.010 to 369.369 has all the powers enumerated, authorized, and permitted by sections 369.010 to 369.369 and such other rights, privileges, and powers as may be incidental to or reasonably necessary to […]
Section 369.078 – Conversion from mutual to capital stock association — requirements — rules of division, content — certificate of conversion, issued, when, effect of.
Effective – 06 Jul 1994 369.078. Conversion from mutual to capital stock association — requirements — rules of division, content — certificate of conversion, issued, when, effect of. — 1. Any mutual savings and loan association chartered under the laws of this state may convert to and become a capital stock association upon compliance with […]
Section 369.079 – Merger or consolidation, procedure — association may charter interim association, when, procedure.
Effective – 28 Aug 2019, 2 histories 369.079. Merger or consolidation, procedure — association may charter interim association, when, procedure. — 1. A mutual association may merge with another association or federal mutual association in the manner provided in subsections 1 to 8 of this section. The board of directors of each association shall, by […]