reglab/housing_qa huggingface dataset:
MO Rev Stat § 361.410 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.410 - Expenses of liquidation, how paid.

Effective - 02 Jan 1979   361.410. Expenses of liquidation, how paid. — 1. The director shall pay out of the funds in his hands, of such corporation, all expenses of liquidation, subject to the approval of the circuit court in the county or city in which the principal office of such corporation is located, and upon notice of the application for such approval to such corporation.  2. He shall, in like manner, fix and pay the compensation of special deputy directors, assistants, counsel and other employees appointed to assist him in such liquidation pursuant to the provisions of this chapter. But a special deputy who, as examiner acting under commission from the director, has previously examined the books, papers and affairs of such corporation, shall not receive compensation as such special deputy which exceeds by more than five dollars a day the per diem compensation received by him as examiner at the time of making such examination. ­­-------- (RSMo 1939 § 7918, A.L. 1978 H.B. 1634)  Prior revisions: 1929 § 5324; 1919 § 11707  Effective 1-02-79
MO Rev Stat § 361.420 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.420 - Procedure of director to obtain possession of pleadings in actions against which attorneys' liens are asserted.

Effective - 28 Aug 1939   361.420. Procedure of director to obtain possession of pleadings in actions against which attorneys' liens are asserted. — 1. When the director is in possession of the business and property of any such corporation, and attorneys' liens are asserted by attorneys of such corporation against any causes of action to which such corporation is a party, or against pleadings or other papers in the possession of such attorneys relating to such causes of action, or if such liens are asserted against any evidences of title to any assets or against any of the assets of such corporation, then in the possession of such attorneys, the director may institute special proceedings and petition the court to fix and determine the amount of said liens.  2. Such proceedings shall be instituted in the county or city in which the principal office of such corporation is located.  3. Upon application of the director and upon notice to such attorneys to be prescribed by the court, the court or judge thereof in vacation, may, by order prior to final order in such proceeding, direct such attorneys to deliver to the director all property of such corporation, against which such liens are asserted, together with such consents to substitution of attorneys as the court may direct, upon the director furnishing security to such attorneys in the manner and to an amount to be fixed by the court. ­­-------- (RSMo 1939 § 7919)  Prior revisions: 1929 § 5325; 1919 § 11708
MO Rev Stat § 361.430 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.430 - On taking possession, director shall notify those holding assets — effect of notification.

Effective - 28 Aug 1939   361.430. On taking possession, director shall notify those holding assets — effect of notification. — 1. When the director shall have taken possession of the property and business of any such corporation, he shall forthwith give notice of such fact to any and all banks, trust companies, associations and individuals holding any assets of such corporation.  2. No corporation, association or individual having notice or knowledge that the director has taken possession of such corporation, shall have a lien or charge against any of the assets of such corporation for any payment, advance or clearance thereafter made, or liability thereafter incurred. ­­-------- (RSMo 1939 § 7920)  Prior revisions: 1929 § 5326; 1919 § 11709
MO Rev Stat § 361.440 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.440 - Inventory of assets to be made and filed.

Effective - 28 Aug 2019, 2 histories   361.440. Inventory of assets to be made and filed. — After the director shall have taken possession of the property and business of such corporation, he or she shall make an inventory of the assets of such corporation. When the director shall have decided that he or she will not permit the corporation to resume business pursuant to the provisions of section 361.370, he or she shall file one copy of such inventory in the public records of the division of finance. ­­-------- (RSMo 1939 § 7921, A.L. 2000 S.B. 896, A.L. 2019 S.B. 179)  Prior revisions: 1929 § 5327; 1919 § 11710
MO Rev Stat § 361.450 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.450 - Disposition by director of property held by delinquent as bailee or depositary for hire.

Effective - 02 Jan 1979   361.450. Disposition by director of property held by delinquent as bailee or depositary for hire. — 1. The director may, after he has taken possession of any such corporation, cause to be mailed to all persons claiming to be, or appearing upon the books of such corporation to be, the owner or owners of any personal property theretofore left in the possession of such corporation as bailee or depositary for hire, or the lessee of any safe, vault or box, a notice in writing in a securely closed, postpaid, registered letter directed to each of such persons at his post-office address as recorded upon its books, or, if his name is not recorded in said books, at his last known post-office address, notifying such person to remove all such personal property within a period stated in said notice, and not less than sixty days from the date thereof.  2. If such property shall not have been removed within the time fixed by such notice, the director may apply to the circuit court of the county or city in which such property is located for an order directing him as to the disposition of such property; and he may cause any safe, vault or box held by, or on the premises of, such corporation to be thereafter opened in his presence or in the presence of one of the special deputy directors, and of a notary public, not an officer or in the employ of the corporation or of the director, and the contents, if any, to be sealed and distinctly marked by such notary public, with the name and address of the person in whose name such safe, vault or box stands upon the books of the corporation, and a list and description of the property therein to be attached thereto. Such package so sealed and addressed, together with the list and description of the property therein, may be kept by the director in one of the general safes or boxes of the corporation until delivered to the person whose name appears thereon or until otherwise disposed of as directed by the court. ­­-------- (RSMo 1939 § 7922, A.L. 1978 H.B. 1634)  Prior revisions: 1929 § 5328; 1919 § 11711  Effective 1-02-79
MO Rev Stat § 361.460 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.460 - Effect of director's notice to remove upon contract of bailment or of deposit for hire.

Effective - 28 Aug 1939   361.460. Effect of director's notice to remove upon contract of bailment or of deposit for hire. — After the director shall have duly mailed a notice in writing, as provided in section 361.450, the contract of bailment or of deposit for hire, or lease of safe, vault or box, if any, between the persons duly notified and the corporation, shall cease and determine upon the date for removal fixed in such notice, and the amount of the unearned rent or charges, if any, paid by such person shall become a debt of the corporation to said person. ­­-------- (RSMo 1939 § 7923)  Prior revisions: 1929 § 5329; 1919 § 11712
MO Rev Stat § 361.470 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.470 - Liquidation and conservation of assets — compounding debts and compromising certain claims.

Effective - 28 Aug 2000   361.470. Liquidation and conservation of assets — compounding debts and compromising certain claims. — The director is authorized, upon taking possession of the property and business of such corporation, to liquidate the affairs thereof and to do all acts and to make such expenditures as in his or her judgment are necessary to conserve its assets and business. He or she shall proceed to collect the debts due. He or she may, upon an order of the circuit court of Cole County, sell or compound all bad or doubtful debts held by, and compromise claims against such corporation, other than deposit claims and, upon such terms as the court shall direct, may sell or otherwise dispose of all or any of the real and personal property of such corporation. ­­-------- (RSMo 1939 § 7924, A.L. 1978 H.B. 1634, A.L. 2000 S.B. 896)  Prior revisions: 1929 § 5330; 1919 § 11713
MO Rev Stat § 361.490 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.490 - Deposit of moneys collected — preference.

Effective - 28 Aug 1967   361.490. Deposit of moneys collected — preference. — The moneys collected by the director shall be from time to time deposited in one or more state banks or trust companies and, in case of the insolvency or voluntary or involuntary liquidation of the depositary, these deposits shall be entitled to priority of payment on an equality with any other priority given by this chapter. ­­-------- (RSMo 1939 § 7926, A.L. 1967 p. 445)  Prior revisions: 1929 § 5331; 1919 § 11714
MO Rev Stat § 361.500 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.500 - Director's power to sue, execute instruments for delinquents — actions and proceedings preferred.

Effective - 02 Jan 1979   361.500. Director's power to sue, execute instruments for delinquents — actions and proceedings preferred. — For the purpose of executing any of the powers and performing any of the duties hereby conferred upon him, the director may, in the name of the delinquent corporation, prosecute and defend any and all actions and legal proceedings. Any such action or proceeding, upon application of the director, shall be entitled to the same preference to which an action or proceeding by or against a receiver appointed by the court is entitled in any court of the state. He may, in the name of the delinquent corporation, execute, acknowledge and deliver any and all deeds, assignments, bills of sale, releases, extensions, satisfactions and other instruments necessary and proper to effectuate any sale, lease or transfer of real or personal property or to carry into effect any power conferred or duty imposed upon him by this chapter or by order of the circuit court. Any instrument executed pursuant to the authority hereby given shall be as valid and effectual, for all purposes, as though the same had been executed by the officers of the delinquent corporation by authority of its board of directors. ­­-------- (RSMo 1939 § 7927, A.L. 1978 H.B. 1634)  Prior revisions: 1929 § 5332; 1919 § 11715  Effective 1-02-79  CROSS REFERENCE:  Conveyance of real estate by director to urban redevelopment corporation, 353.120
MO Rev Stat § 361.510 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.510 - Notice to creditors to make proof of claims.

Effective - 28 Aug 1939   361.510. Notice to creditors to make proof of claims. — 1. When the director shall have taken possession of such corporation, and shall have determined to liquidate its affairs, he shall notify all persons who may have claims against such corporation to present same to him and make proper proof thereof within four months from the date of said notice and at a place specified therein, and shall specify in said notice the last date for presenting said proofs.  2. He shall cause said notice to be mailed to all persons whose names appear as creditors upon the books of the corporation. He shall also cause said notice to be inserted weekly in such newspapers as he may direct for three consecutive months, the first insertion thereof to be published more than ninety days before the last day fixed in said notice for presenting proof of claims.  3. After the date specified in such notice as the last date for presenting proof of claims the director shall have no power to accept any claim. ­­-------- (RSMo 1939 § 7928)  Prior revisions: 1929 § 5333; 1919 § 11716
MO Rev Stat § 361.520 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.520 - Director to list claims duly presented.

Effective - 28 Aug 2019, 2 histories   361.520. Director to list claims duly presented. — The director shall make a complete list of all claims duly presented, and shall specify therein the name of the claimant, the nature of the claim, and the amount thereof. ­­-------- (RSMo 1939 § 7929, A.L. 2000 S.B. 896, A.L. 2019 S.B. 179)  Prior revisions: 1929 § 5334; 1919 § 11717
MO Rev Stat § 361.530 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.530 - Objections to claims — procedure.

Effective - 02 Jan 1979   361.530. Objections to claims — procedure. — 1. Within thirty days after the last date fixed in said notice to creditors to present and make proof of claims, objections to any claim duly presented may be made by any party interested, by filing with the director such objections in writing, signed by the objector and duly verified.  2. Unless the director rejects any claim to which objections have been duly filed with him, he shall, within thirty days after the time to file such objections has expired, apply to the circuit court upon notice to the objector for an order directing the director as to the disposition of said claim.  3. The court may thereupon dispose of said objections or may order a reference for that purpose. ­­-------- (RSMo 1939 § 7930, A.L. 1978 H.B. 1634)  Prior revisions: 1929 § 5335; 1919 § 11718  Effective 1-02-79
MO Rev Stat § 361.540 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.540 - Claims approved or rejected — list of such claims.

Effective - 28 Aug 2000   361.540. Claims approved or rejected — list of such claims. — 1. The director shall, not later than thirty days after the time has expired to file objections to claims duly presented, approve or reject every duly filed claim except claims as to which objections are still pending undetermined by the court or judge.  2. Every claim approved by him, he or she shall endorse "approved" and file so endorsed in his or her office.  3. If he or she doubts the justice or validity of any claim, he or she shall reject such claim and shall endorse the same "rejected" and file said claim so endorsed in his or her office. He or she shall cause notice of such rejection to be served upon the claimant either personally or by mail.  4. The director shall not determine priorities, in approving or rejecting claims; but approved claims shall be presented to the circuit court of Cole County pursuant to section 361.570 for determination as to their priority of payment.  5. Within thirty days after the director has approved or rejected all claims duly filed, he or she shall list all claims approved and all rejected by him and file one copy of said list in the public records of the division of finance. ­­-------- (RSMo 1939 § 7931, A.L. 2000 S.B. 896)  Prior revisions: 1929 § 5336; 1919 § 11719
MO Rev Stat § 361.550 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.550 - Effect of accepting claims — statute of limitations for action upon claims not accepted — necessary allegations.

Effective - 28 Aug 1939   361.550. Effect of accepting claims — statute of limitations for action upon claims not accepted — necessary allegations. — 1. When the director has approved a duly filed claim and has filed the same endorsed "approved" in his office, the claimant, unless such claim is entitled by law to priority of payment, shall be entitled to share ratably with other general creditors in the distribution of the assets of such corporation as such assets are distributed pursuant to section 361.570.  2. When the time within which the director is required to approve or reject claims has expired and at any time within six months thereafter, a claimant whose claim has been duly filed and has not been approved by the director may institute and maintain an action thereon against such corporation. No action shall be maintained against such corporation while the director is in possession of its affairs and business unless brought within the period of limitation specified in this section.  3. In all actions or proceedings instituted against such corporation while the director is in possession of its property and business, the plaintiff shall be required to allege and prove that the claim upon which the action is instituted was duly filed and that sixty days have elapsed since the expiration of time for filing said claims and that said claim has not been approved. ­­-------- (RSMo 1939 § 7932)  Prior revisions: 1929 § 5337; 1919 § 11720
MO Rev Stat § 361.560 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.560 - Judgments recovered after director takes possession shall not be liens.

Effective - 28 Aug 1939   361.560. Judgments recovered after director takes possession shall not be liens. — A lien shall not attach to any of the property or assets of such corporation by reason of the entry of any judgment recovered against such corporation after the director has taken possession of its property and business and so long as such possession continues. ­­-------- (RSMo 1939 § 7933)  Prior revisions: 1929 § 5338; 1919 § 11721
MO Rev Stat § 361.570 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.570 - Dividends to creditors — priorities — disposition of unclaimed dividends.

Effective - 02 Jan 1979   361.570. Dividends to creditors — priorities — disposition of unclaimed dividends. — 1. At any time after the date fixed by the director for the presentation of claims, the circuit court may by order authorize the director upon his application to declare out of the funds remaining in his hands after the payment of expenses, one or more dividends.  2. Such order shall specify what claims, if any, are entitled to priority of payment, and shall direct the director regarding the manner of payment of such prior claims. At any time after the expiration of eight months from said date fixed for the presentation of such claims, he may by like order declare a final dividend.  3. Such dividends shall be paid to such persons, in such amounts, and upon such notice, as the circuit court in the county or city in which the principal office of such corporation is located may by order direct.  4. Dividends remaining unclaimed or unpaid in the hands of the director for six months after the order for final distribution shall be deposited by him as provided in section 361.200. ­­-------- (RSMo 1939 § 7934, A.L. 1978 H.B. 1634)  Prior revisions: 1929 § 5339; 1919 § 11722  Effective 1-02-79
MO Rev Stat § 361.580 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.580 - Director shall call stockholders' meeting after creditors are paid in full — proceedings at such meeting.

Effective - 28 Aug 1939   361.580. Director shall call stockholders' meeting after creditors are paid in full — proceedings at such meeting. — 1. Whenever the director shall have paid to each creditor of any stock corporation whose claim has been duly proved the full amount of such claim, and shall have made proper provision for claims in litigation and not finally determined, and shall have paid all the expenses of liquidation, he shall call a meeting of the stockholders of such corporation by causing notice of the time and place of such meeting to be published at least once a week for three successive weeks in one or more newspapers selected by him and published in the county or city where the principal office of such corporation is located.  2. At such meeting, the stockholders shall determine whether the director shall continue as liquidator to wind up the affairs of such corporation, or whether the stockholders themselves shall elect an agent or agents for that purpose.  3. In determining these matters, the stockholders shall vote by ballot in person or by proxy. Each share of stock shall be entitled to one vote and the vote of a majority of the issued stock shall be necessary to a determination. ­­-------- (RSMo 1939 § 7935)  Prior revisions: 1929 § 5340; 1919 § 11723
MO Rev Stat § 361.590 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 361 - Division of Finance and Powers of Director of Finance|Section 361.590 - Duties of director where he continues liquidation — termination of corporate existence.

Effective - 28 Aug 1939   361.590. Duties of director where he continues liquidation — termination of corporate existence. — 1. In case it is determined to continue the liquidation under the director, he shall continue the liquidation of the affairs of such corporation and after paying the expenses thereof shall distribute the proceeds among the stockholders in proportion to the several holdings of stock and in such manner and upon such notice as may be directed by order of the circuit court.  2. Upon a petition by the director showing that all the assets of such corporation have been duly distributed and that unclaimed sums have been duly deposited by him as provided in section 361.200 and that more than one year has elapsed since the last required publication of notice to creditors to present their claims, and upon such notice as the court may prescribe, the circuit court may, on such terms as justice requires, make an order affirming such disposition of such unclaimed sums and declaring such corporation dissolved and the corporate existence thereof terminated. Upon the filing of a certified copy of such order in the office of the director, the existence of such corporation shall cease and determine. ­­-------- (RSMo 1939 § 7935)  Prior revisions: 1929 § 5340; 1919 § 11723