Ch. 362 - Banks and Trust Companies

Section 362.010. Definitions. (8/28/2003)
Section 362.011. Trust business not engaged in, when — prohibition on use of words "trust company", when. (8/28/2002)
Section 362.015. No private banks shall be established — who may incorporate — when. (8/28/1984)
Section 362.020. Articles of agreement — contents. (8/28/2002)
Section 362.023. Trust company may refuse demand deposits by its articles of incorporation, effect of. (8/28/1977)
Section 362.025. Articles of agreement to be filed. (8/28/2000)
Section 362.030. Director to examine as to character and capital. (8/28/1984)
Section 362.035. Certificate of incorporation — issuance — to be filed. (8/28/2000)
Section 362.040. Notice of refusal of certificate — appeal. (8/28/2011)
Section 362.042. Restated articles of incorporation may be amended at time of restatement, manner. (8/28/2005)
Section 362.044. Stockholders' meetings — notice — business by proxy, cancellation of meetings. (8/28/2001)
Section 362.046. Bylaws, who may make, amend or repeal. (8/28/1967)
Section 362.048. Emergency bylaws — when. (8/28/2008)
Section 362.050. Cash capital required. (8/28/1967)
Section 362.055. Capital stock — par value. (8/28/1967)
Section 362.060. Change of par value — notice of meeting — when change effective — director to issue certificate. (8/28/2000)
Section 362.063. Power to close transfer books. (8/28/1967)
Section 362.067. Stock option plan for officers and employees — increase in shares — consideration. (8/28/1961)
Section 362.070. Compensation for organizing bank or trust company prohibited — penalty. (8/28/1967)
Section 362.073. Certain stock transfers or voting control changes must be reported to director of finance. (8/28/1967)
Section 362.075. Issuance and sale of preferred stock shares — subject to director's approval. (8/28/1967)
Section 362.077. Certain bank holding companies may not charter de novo bank or national bank, exceptions — purpose of law — severability clause. (7/13/1999)
Section 362.078. Industrial loan companies and banks prohibited from maintaining facilities for banking purposes, definitions. (8/28/2006)
Section 362.080. Stockholders may authorize issuance and sale, when — manner. (8/28/1967)
Section 362.085. Banks or trust companies may provide for issuance and sale in articles of incorporation. (8/28/1939)
Section 362.090. Par value of preferred stock issued and offered for sale. (8/28/1939)
Section 362.095. Charter shall set forth terms and conditions governing call, redemption and retirement of shares. (8/28/1939)
Section 362.100. Penalty. (8/28/1967)
Section 362.105. Powers and authority of banks and trust companies. (8/28/2017)
Section 362.106. Additional powers. (8/28/2003)
Section 362.107. Branch banking allowed, requirements — director of finance to approve, appeals. (8/28/2005)
Section 362.109. Restrictions on orders and ordinances of political subdivisions. (8/28/2008)
Section 362.110. Federal Deposit Insurance Corporation subrogated to depositors' rights in closed state banks or trust companies. (8/28/1967)
Section 362.111. Fees and service charges permitted, when, conditions. (8/28/2017)
Section 362.112. Bank or trust company may act as custodian, when. (8/28/2004)
Section 362.115. Bank may exercise powers of trust companies — application — examination — certificate — trust department. (8/28/2000)
Section 362.116. Trust accounts, originated by one bank or trust company, administration by another — requirements. (8/28/2000)
Section 362.117. State bank may become trust company — procedure. (8/28/2002)
Section 362.118. Trust company may become state bank — procedure. (1/2/1979)
Section 362.119. Investment in trust companies by bank, limitations — definitions. (8/28/2001)
Section 362.120. Capital notes may be issued and sold by banks and trust companies. (8/28/1939)
Section 362.125. Capital notes — denominations — rate of interest — maturity — impairment of capital — certain obligations to be prior claim. (8/28/1987)
Section 362.130. Extension of time for retirement of capital notes. (8/28/1939)
Section 362.135. Liquidation of assets — funds held in trust. (8/28/1939)
Section 362.140. Branch offices in foreign countries — how established — amount to be invested. (8/28/1967)
Section 362.145. Content of application — director may approve or reject — examination of branches. (8/28/1967)
Section 362.150. Director may investigate branches — require banks to dispose of holdings. (8/28/1967)
Section 362.155. Accounts of branches to be kept separately. (8/28/1967)
Section 362.160. May purchase stock in corporations to develop and maintain market for foreign and domestic exchange. (8/28/1939)
Section 362.165. Restrictions on taking and holding real estate. (8/28/1995)
Section 362.169. Population defined for legal loan limit. (8/28/1998)
Section 362.170. Unimpaired capital, defined — restrictions on loans, and total liability to any one person. (1/1/2017)
Section 362.171. Bank officer making excessive loan — penalty. (8/28/1969)
Section 362.172. Investment in stock of banks or bank holding companies — limitations. (8/28/2000)
Section 362.173. Investments in small business investment companies. (8/28/1959)
Section 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)
Section 362.180. Who may make Federal Housing Act loans. (8/28/1961)
Section 362.185. Financial institutions may invest securities under Federal Housing Act. (8/28/1961)
Section 362.190. May be used as security. (8/28/1939)
Section 362.191. State employee compensation deductions authorized for investment by office of administration. (8/28/2004)
Section 362.195. Applicability of sections 362.180 to 362.195. (8/28/1939)
Section 362.197. Capital contributions and investments in obligations of Federal National Mortgage Association. (8/28/1971)
Section 362.200. Money not to be employed in trade or commerce. (8/28/1967)
Section 362.205. Account books, requirements — property, how carried. (8/28/1967)
Section 362.207. Securities held in name of nominee. (8/28/1967)
Section 362.220. Agreements to pay time deposit before maturity prohibited — penalty. (8/28/1967)
Section 362.222. Checks to be paid at par — exceptions — penalty. (8/28/1969)
Section 362.225. Reserve depositaries. (8/28/2005)
Section 362.230. No new loans until depleted reserves are restored. (8/28/1972)
Section 362.231. Reserve requirements, federal regulation to take precedence, when. (8/28/1981)
Section 362.235. National bank may become state bank or trust company — procedure, effect. (8/28/2000)
Section 362.240. Change from state to national bank. (8/28/1983)
Section 362.245. Board of directors, qualifications — cumulative voting in electing director permitted when. (8/28/2002)
Section 362.247. Board, quorum — directors not physically present, counted when. (8/28/1999)
Section 362.250. Oath of directors to be subscribed and certified — to be filed by director — penalty. (1/1/1999)
Section 362.253. Two or more directors to constitute an executive committee — when. (8/28/1967)
Section 362.255. Tenure of office of directors. (8/28/1939)
Section 362.260. Vacancies in board of directors. (8/28/1939)
Section 362.265. Change of number of directors. (5/27/1981)
Section 362.270. Organizational meeting of directors. (8/28/2002)
Section 362.275. Monthly meeting of board — review of certain transactions — unanimous consent agreements permitted, when. (8/28/2006)
Section 362.290. Communications from director shall be submitted to directors and noted in minutes. (8/28/1967)
Section 362.295. Reports to director — publication — penalty. (8/28/2003)
Section 362.310. Surplus fund — composition — purposes. (8/28/2005)
Section 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)
Section 362.325. Charter amended — procedure — notice — duty of director — appeal. (8/28/2011)
Section 362.330. Bank may sell whole or any part of its assets or business — procedure. (8/28/1995)
Section 362.331. Transfer of certain fiduciary capacities between affiliated banks and trust companies, procedure, liabilities — objection, procedure. (8/28/1989)
Section 362.332. Fiduciary obligations and liabilities, bank or trust company may transfer to another bank or trust company, procedure — definitions. (8/28/2008)
Section 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)
Section 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)
Section 362.336. Fraudulent checks and drafts issued by bank or agent — penalty. (8/28/1939)
Section 362.337. Bank officer concealing loans, misdemeanor — penalty. (8/28/1939)
Section 362.340. Employees to give bond. (8/28/1967)
Section 362.345. Penalties for receiving deposits when insolvent. (8/28/1967)
Section 362.350. Officers, how sued — evidence of knowledge. (8/28/1967)
Section 362.355. Administrators of deceased officers liable. (8/28/1939)
Section 362.360. Interpleader in certain actions — funds may remain in bank — costs. (8/28/1981)
Section 362.375. Adverse claim to deposit — not effectual, when — contract presented by third party, powers of bank or trust company. (8/28/1995)
Section 362.385. Rate of interest. (8/28/1967)
Section 362.405. Assessments by director of finance paid to director of revenue. (8/28/1967)
Section 362.410. Preservation of books and records. (8/28/1988)
Section 362.413. Reproduction of records — admissible in evidence — affidavit in lieu of appearance. (8/28/1998)
Section 362.415. Prohibitions against encroachments upon certain powers of banks. (8/28/1939)
Section 362.420. Prohibition of banking business. (8/28/1949)
Section 362.421. Advertising as bankers, prohibited, when — penalty. (8/28/1939)
Section 362.422. Disclosure of nonpublic personal information by financial institutions prohibited, rules, notice. (7/1/2001)
Section 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)
Section 362.425. Use of sign or words indicating bank by unauthorized persons prohibited. (8/28/1967)
Section 362.430. Conditions to be complied with by foreign banking corporations applying for license. (8/28/1939)
Section 362.435. Foreign banking corporation may transact business in this state, when. (8/28/1949)
Section 362.440. Licenses to foreign corporations — renewal. (8/28/2000)
Section 362.445. Process defined — director of finance to accept service of process, when — fee. (8/28/2006)
Section 362.450. Revocation of authorization certificate or license in certain cases. (8/28/2000)
Section 362.455. Rights and privileges of foreign banking corporation under license — effect of revocation. (8/28/1939)
Section 362.460. Reports of foreign banking corporations — penalties. (8/28/1939)
Section 362.462. Relocation of main banking house in another state. (6/13/1995)
Section 362.463. Out-of-state bank may relocate to this state. (6/13/1995)
Section 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)
Section 362.465. Deposits of minors. (8/28/1967)
Section 362.466. Applicability of law — rights, powers, protections. (8/28/1997)
Section 362.470. Joint deposits. (8/28/1977)
Section 362.471. Pay-on-death accounts — form — effect — payments from. (8/28/1997)
Section 362.475. Deposits of deceased trustee shall be paid to beneficiary. (8/28/1967)
Section 362.480. Deposits of trustee, how paid out. (8/28/1939)
Section 362.483. Safe deposit corporation may be granted a certificate of incorporation by director, when — purposes of corporation. (8/28/1977)
Section 362.485. Special remedies available to banks doing a safe deposit business. (7/1/1994)
Section 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)
Section 362.488. Death of lessee, duties of lessor — additional duties by contract. (8/28/1984)
Section 362.490. Banks exempt from furnishing security for insured deposits. (8/28/1939)
Section 362.495. When payment and withdrawals may be suspended. (8/28/2001)
Section 362.500. Shall notify finance director of suspension — duties of commissioner. (8/28/1939)
Section 362.505. Audit of bank by director — approval of reopening plans. (8/28/1939)
Section 362.510. When director shall liquidate. (8/28/1939)
Section 362.515. Special deposits — nature — use. (8/28/1939)
Section 362.520. Banks may close, when — bank holiday, effect of. (8/28/2005)
Section 362.530. Contributions to charitable agencies. (8/28/1951)
Section 362.550. Appointment as fiduciary — investments — handling of trust property — effect of merger or consolidation. (8/28/2008)
Section 362.560. Trust guaranty fund. (8/28/1967)
Section 362.570. Application of trust guaranty fund. (8/28/1967)
Section 362.575. Personal representatives and other persons not liable as stockholders. (8/28/1983)
Section 362.580. Common trust fund authorized. (8/28/1977)
Section 362.590. Bond not required of banks and trust companies, when acting as fiduciaries. (8/28/1977)
Section *362.600. Reciprocal corporate fiduciary powers — certificates of reciprocity. (10/16/2015)
Section 362.610. Banks and trust companies may merge or consolidate. (8/28/1999)
Section 362.620. Agreement for consolidation. (8/28/1967)
Section 362.630. Agreement for merger. (8/28/1967)
Section 362.640. Agreement for merger or consolidation. (8/28/1967)
Section 362.650. Certified copies evidence. (8/28/1967)
Section 362.660. Verified copies of agreement and proceedings shall be submitted to finance director. (8/28/1967)
Section 362.670. Finance director shall certify finding within thirty days. (8/28/1967)
Section 362.680. Agreement to be submitted to stockholders, when — exceptions, procedures. (8/28/2000)
Section 362.690. Agreement binding, when. (8/28/1967)
Section 362.700. Agreement for merger becomes effective, when. (8/28/2000)
Section 362.710. Agreement for consolidation becomes effective, when. (8/28/2000)
Section 362.720. Receiving or consolidated company shall issue new certificates for old, when. (8/28/1967)
Section 362.730. Dissenting stockholder may receive reasonable value of his or her stock — limitation, petition, hearing, appointment of appraisers. (8/28/2000)
Section 362.740. Finding and report of appraisers — compensation — notice to be given by clerk of court — minority discount. (8/28/2000)
Section 362.750. Exceptions to appraisal, review, new appraisal, final judgment — stock to be surrendered. (8/28/2000)
Section 362.760. Cost of proceedings, how taxed. (8/28/1967)
Section 362.770. Corporate existence of old merged into new company — title to property. (8/28/1967)
Section 362.780. New company succeeds to fiduciary relations of old. (8/28/1967)
Section 362.790. New company liable for obligations of old. (8/28/1967)
Section 362.800. Pending actions not to abate — substitution. (8/28/1967)
Section 362.810. Trust and fiduciary relations of old companies continue in new. (8/28/1983)
Section 362.820. Notice to director of division of finance prior to acquisition of trust company — disapproval of acquisition — exceptions — disapproval, grounds. (8/28/1993)
Section 362.900. Declaration of intent. (8/28/1967)
BANK HOLDING COMPANIES
MISSOURI FAMILY TRUST COMPANY ACT