Mo. Rev. Stat. § 362.1065

Current with changes from the 2024 Legislative Session
Section 362.1065 - Commercial banking, engagement in prohibited

Notwithstanding any other provision of sections 362.1010 to 362.1117, no family trust company shall engage in commercial banking. However, a family trust company may establish accounts at financial institutions for its own purposes or on behalf of family members to whom it provides services under sections 362.1010 to 362.1117.

§ 362.1065, RSMo

Added by 2017 Mo. Laws, HB 292,s A, eff. 8/28/2017.