reglab/housing_qa huggingface dataset:
MO Rev Stat § 362.145 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.145 - Content of application — director may approve or reject — examination of branches.

Effective - 28 Aug 1967   362.145. Content of application — director may approve or reject — examination of branches. — 1. The application shall specify the name, capital and surplus of the bank or trust company filing it, the amount of capital and surplus set aside for the purpose and the powers applied for, together with the place or places where operations are to be carried on, if the application is for permission to establish a branch or branches, and the location of the chief office of the bank or banks, corporation or corporations, if the application is for permission to invest in the stock of any such bank or corporation.  2. The director shall have power to approve or reject the application, in whole or in part, if, for any reason, the granting of the application is deemed inexpedient, and shall also have the power from time to time to increase or decrease the number of places where the banking operations may be carried on.  3. Every bank or trust company organized hereunder operating foreign branches shall be required to furnish information concerning the condition of the branches to the director, upon demand, and the director may order a special examination of the branches at such time or times as he may deem best. ­­-------- (RSMo 1939 § 7948, A.L. 1967 p. 445)  Prior revisions: 1929 § 5353; 1919 § 11736
MO Rev Stat § 362.150 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.150 - Director may investigate branches — require banks to dispose of holdings.

Effective - 28 Aug 1967   362.150. Director may investigate branches — require banks to dispose of holdings. — If at any time the director shall ascertain that the regulations prescribed by him are not being complied with, the director may institute an investigation of the matter and * require such papers or records of any bank or trust company conducting branches or having investments in other banks or corporations as the director may deem necessary, * subpoena witnesses and administer oaths and require witnesses to give evidence concerning any transactions or facts relating to the conduct of the branches or the affairs of any bank or corporation in the stock of which an investment is made; and should the investigation result in establishing the failure of any bank or corporation in the stock of which an investment has been made or of the bank or trust company owning any such stock, or any branch thereof, to comply with the regulations of the director, the bank or trust company may be required to dispose of its stockholdings in the foreign bank or corporation, upon reasonable notice. ­­-------- (RSMo 1939 § 7948, A.L. 1967 p. 445)  Prior revisions: 1929 § 5353; 1919 § 11736  *Word "to" appears here in original rolls.
MO Rev Stat § 362.155 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.155 - Accounts of branches to be kept separately.

Effective - 28 Aug 1967   362.155. Accounts of branches to be kept separately. — Each and every bank or trust company authorized hereunder shall conduct the accounts of each foreign branch independently of the accounts of other foreign branches established by it and of its home office and shall at the end of each year transfer to its general ledger the profit or loss accrued at each branch as a separate item. ­­-------- (RSMo 1939 § 7948, A.L. 1967 p. 445)  Prior revisions: 1929 § 5353; 1919 § 11736
MO Rev Stat § 362.160 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.160 - May purchase stock in corporations to develop and maintain market for foreign and domestic exchange.

Effective - 28 Aug 1939   362.160. May purchase stock in corporations to develop and maintain market for foreign and domestic exchange. — Every such corporation shall be authorized and empowered to subscribe for, purchase, hold, pledge and sell the stock of a corporation organized and existing under the laws of the state of Missouri, or under any act of Congress of the United States, for the purpose of developing and maintaining a stable and open market for foreign and domestic bills of exchange, notes, acceptances, and other evidences of debt originating in connection with foreign and domestic trade, by the purchase, investment in, and sale thereof, or for the purpose of engaging in international or foreign banking or other international or foreign financial operations, or in banking or other financial operations in a dependency or insular possessions of the United States, either directly or through the agency, ownership, or control of local institutions in foreign countries, or in such dependencies or insular possessions as provided by this section, and to act when required by the Secretary of the Treasury as fiscal agents of the United States; provided, that the investment of a bank in the stock of such a corporation shall not exceed ten percent of its capital and surplus. ­­-------- (RSMo 1939 § 7950)  Prior revisions: 1929 § 5355; 1919 § 11738
MO Rev Stat § 362.165 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.165 - Restrictions on taking and holding real estate.

Effective - 28 Aug 2021, 2 histories   362.165. Restrictions on taking and holding real estate. — 1. All real estate, including any subsurface rights or interests therein, purchased by any bank or trust company or taken by it in its own right in settlement of debts due it shall be conveyed to it directly by name and the conveyance immediately recorded in the office of the proper recording officer of the county or city in which the real estate is located.  2. Such real estate, rights, or interests so purchased or acquired by any bank or trust company shall be sold by it within ten years of the date on which it shall have been acquired unless it shall be held or occupied in whole or in part by the bank or trust company under the authority of paragraph (c) of subdivision (10) of subsection 1 of section 362.105; provided, that if at any time a bank or trust company changes its location it may have ten years from the date of the change to sell the former location. The aggregate amount of earnings from such real estate, rights or interests shall be separately disclosed in reports of the bank or trust company. ­­-------- (RSMo 1939 § 7951, A.L. 1967 p. 445, A.L. 1983 S.B. 331, A.L. 1995 S.B. 178, A.L. 2021 S.B. 106)  Prior revisions: 1929 § 5356; 1919 § 11739  CROSS REFERENCE:  Conveyance of realty in blighted area to urban redevelopment corporation, 353.120
MO Rev Stat § 362.169 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.169 - Population defined for legal loan limit.

Effective - 28 Aug 1998   362.169. Population defined for legal loan limit. — For the purpose of determining the legal loan limit in section 362.170, the population of the community where the bank or trust company is located shall not include inmates of a correctional institution located in that community. ­­-------- (L. 1998 S.B. 792)
MO Rev Stat § 362.171 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.171 - Bank officer making excessive loan — penalty.

Effective - 28 Aug 1969   362.171. Bank officer making excessive loan — penalty. — Any officer, director, agent, clerk or employee of any bank or trust company who willfully and knowingly makes or concurs in making any loan, either directly or indirectly, to any individual, partnership or corporation or by means of letters of credit, by acceptance of drafts or by discount or purchase of notes, bills of exchange or other obligation of any person, partnership or corporation, in excess of the amounts set out in section 362.170, shall be deemed guilty of a felony and upon conviction shall be punished by imprisonment in the penitentiary for not less than two years nor more than ten years or by imprisonment in the county jail for not exceeding one year or by a fine not exceeding five hundred dollars, or by both such fine and imprisonment. ­­-------- (RSMo 1939 § 4510, A.L. 1969 H.B. 665)  Prior revision: 1929 § 4119
MO Rev Stat § 362.172 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.172 - Investment in stock of banks or bank holding companies — limitations.

Effective - 28 Aug 2000   362.172. Investment in stock of banks or bank holding companies — limitations. — Any bank organized under the laws of this state may invest not to exceed five percent of its capital, surplus and undivided profits in shares of stock in any new bank or banks, existing bank or banks, or bank holding companies if the ownership of a majority of such stock in such bank or bank holding companies is restricted to banks authorized to do business in the state of Missouri. ­­-------- (L. 1982 H.B. 1079 § 1, A.L. 1990 H.B. 1456, A.L. 2000 S.B. 896)
MO Rev Stat § 362.173 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.173 - Investments in small business investment companies.

Effective - 28 Aug 1959   362.173. Investments in small business investment companies. — Every bank and every trust company organized under the laws of this state shall have power to and may, to the extent that national banks are permitted so to do by the laws of the United States, purchase shares of stock in small business investment companies incorporated under either the laws of this state or of the United States for the purpose of operating under the "Small Business Investment Act of 1958" (72 Stat. 689). ­­-------- (L. 1959 S.B. 48 § 1)
MO Rev Stat § 362.175 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|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.

Effective - 28 Aug 1983   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. — Trustees, conservators, curators, banks, trust companies, insurance companies, assurance, casualty, fidelity, and guaranty companies, and savings and loan associations may invest any funds held by them in notes, bonds, debentures or other similar obligations issued by the federal land banks, federal intermediate credit banks, or banks for cooperatives or any other obligations issued pursuant to the provisions of an act of the Congress of the United States known as the Farm Credit Act of 1971, and acts amendatory thereto, and bonds issued under the provisions of the act of Congress approved July 15, 1949, and known as "United States Housing Act of 1949", and the bonds shall be accepted as security for all public deposits and in all cases where bonds are required by law to be deposited with any department or public official of this state or any political subdivision thereof. ­­-------- (RSMo 1939 § 3310, A.L. 1967 p. 445, A.L. 1975 S.B. 257, A.L. 1983 S.B. 44 & 45)  Prior revision: 1929 § 2924
MO Rev Stat § 362.180 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.180 - Who may make Federal Housing Act loans.

Effective - 28 Aug 1961   362.180. Who may make Federal Housing Act loans. — Banking institutions, trust companies, insurance companies, and loan and investment companies may  (1) Make loans and advances of credit and purchases of obligations representing loans and advances of credit which are eligible for insurance pursuant to title I, section 2, of the National Housing Act, and obtain such insurance;  (2) Make loans secured by real property or leasehold interests which the Federal Housing Administrator insures or makes a commitment to insure pursuant to title II of the National Housing Act, and obtain such insurance. ­­-------- (RSMo 1939 § 8189, A.L. 1961 p. 463)
MO Rev Stat § 362.185 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.185 - Financial institutions may invest securities under Federal Housing Act.

Effective - 28 Aug 1961   362.185. Financial institutions may invest securities under Federal Housing Act. — It is lawful for banking institutions, trust companies, insurance companies; and loan and investment companies to invest their funds and the moneys in their custody or possession in bonds or notes secured by deeds of trust or mortgages insured by the Federal Housing Administrator, or in debentures and bonds issued by the Federal Housing Administrator pursuant to title II of the National Housing Act, or in debentures and bonds issued by national mortgage associations. ­­-------- (RSMo 1939 § 8190, A.L. 1961 p. 463)
MO Rev Stat § 362.190 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.190 - May be used as security.

Effective - 28 Aug 1939   362.190. May be used as security. — Bonds, notes, or debentures issued by the Federal Housing Administrator or insured by the United States government under title II of the National Housing Act may be eligible as security for all public deposits in depositaries, or by public officials, departments of state, or any political subdivision thereof, where bonds or deposits are required by law to be deposited. ­­-------- (RSMo 1939 § 8191)
MO Rev Stat § 362.191 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.191 - State employee compensation deductions authorized for investment by office of administration.

Effective - 28 Aug 2004   362.191. State employee compensation deductions authorized for investment by office of administration. — Notwithstanding any other provision of law, the commissioner of administration may, in the same manner as provided in section 33.103, deduct from any state employee's compensation warrant any amount authorized by the employee for the investments in deposits in any bank which is located in this state, or has a state charter, and is insured by an agency of the United States government. ­­-------- (L. 2004 H.B. 959)
MO Rev Stat § 362.195 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.195 - Applicability of sections 362.180 to 362.195.

Effective - 28 Aug 1939   362.195. Applicability of sections 362.180 to 362.195. — No law of this state prescribing the nature, amount or form of security, or requiring security upon which loans or advances of credit may be made, or prescribing or limiting interest rates upon loans or advances of credit, or prescribing or limiting the period for which loans or advances of credit may be made, shall apply to loans, advances of credit, or purchases made pursuant to sections 362.180 to 362.195. ­­-------- (RSMo 1939 § 8192)
MO Rev Stat § 362.197 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.197 - Capital contributions and investments in obligations of Federal National Mortgage Association.

Effective - 28 Aug 1971   362.197. Capital contributions and investments in obligations of Federal National Mortgage Association. — Every bank and every trust company organized under the laws of this state shall have the power to, and may make payments to Federal National Mortgage Association of such nonrefundable capital contributions as are required to be made by it under the National Housing Act as amended by the Housing Act of 1954 (12 U.S.C.A. Sec. 1701 et seq.) in order for the particular bank or trust company to obtain the benefits of such act, and may receive stock of the Federal National Mortgage Association evidencing such capital contributions and may hold and dispose of such stock, and invest in the obligations of Federal National Mortgage Association in any amount without regard to the restrictions and limitations contained in section 362.170. ­­-------- (L. 1955 p. 254 § 1, A.L. 1971 S.B. 163)
MO Rev Stat § 362.200 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.200 - Money not to be employed in trade or commerce.

Effective - 28 Aug 1967   362.200. Money not to be employed in trade or commerce. — No corporation organized under any law of this state, whether general or special, as a bank or trust company, or to carry on a banking business, shall, except as otherwise permitted by law, employ its moneys, directly or indirectly, in trade or commerce, by buying and selling ordinary goods, chattels, wares and merchandise, or by owning or operating industrial plants; provided, that it may sell all kinds of property which may come into its possession as collateral security for loans, or in the ordinary collection of debts. ­­-------- (RSMo 1939 § 7953, A.L. 1967 p. 445)  Prior revisions: 1929 § 5358; 1919 § 11741; 1909 § 1109  (1952) The purchase by bank of group life insurance policy on lives of its depositors as means of stimulating deposits and issuance by it of certificates to persons making certain monthly deposits, held to be appropriate means of promoting its business and not in violation of § 362.200 or 363.270. Mutual Bank & Tr. Co. v. Shaffner (Mo.), 248 S.W.2d 585.
MO Rev Stat § 362.205 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.205 - Account books, requirements — property, how carried.

Effective - 28 Aug 1967   362.205. Account books, requirements — property, how carried. — 1. No bank or trust company shall by any system of accounting or any device of bookkeeping, directly or indirectly, enter any of its assets upon its books in the name of any other individual, partnership or corporation, or under any title or designation that is not truly descriptive thereof.  2. The bonds and other interest-bearing corporate securities purchased by a bank or trust company shall be entered on its books at the actual cost thereof, and for the purpose of calculating the undivided profits applicable to the payment of dividends the securities shall not be estimated at a valuation exceeding their present cost as determined by amortization, that is, by deducting from the cost of the security purchased for a sum in excess of the amount payable thereon at maturity, and charging to profit and loss a sufficient sum to bring it to par at maturity, or adding to the cost of the security purchased at less than the amount payable thereon at maturity, and crediting to profit and loss a sufficient sum to bring it to par at maturity.  3. No bank or trust company shall, except with the written approval of the director, enter or at any time carry on its books the real estate and the building or buildings thereon or the furniture and fixtures used by it at a valuation exceeding their actual cost to the bank or trust company, or book value, whichever is less.  4. Every bank and trust company shall conform its methods of keeping its books and records to such orders in respect thereto as shall have been made and promulgated by the director pursuant to section 361.260. ­­-------- (RSMo 1939 § 7954, A.L. 1967 p. 445)  Prior revisions: 1929 § 5359; 1919 § 11742
MO Rev Stat § 362.207 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.207 - Securities held in name of nominee.

Effective - 28 Aug 1967   362.207. Securities held in name of nominee. — 1. Any state or national bank or trust company qualified to act as a fiduciary in this state may, with the consent of its cofiduciaries, if any, who are hereby authorized to give consent, cause any investments held by it in a fiduciary capacity to be registered and held in the name of a nominee of the bank or trust company without mention of the fiduciary relationship in any instrument or record constituting or evidencing title thereto, unless the instrument, judgment, decree or order heretofore or hereafter creating the fiduciary relationship expressly prohibits the registering and holding of investments in the name of a nominee. The bank or trust company is liable for the acts of any nominee with respect to any investments so registered.  2. The records of the bank or trust company shall at all times show the ownership of any such investments, which investments shall be in the control of the bank or trust company and be kept separate and apart from the assets of the bank or trust company. ­­-------- (L. 1967 p. 445)  (Source: RSMo Supp. 1965 § 363.285)
MO Rev Stat § 362.220 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.220 - Agreements to pay time deposit before maturity prohibited — penalty.

Effective - 28 Aug 1967   362.220. Agreements to pay time deposit before maturity prohibited — penalty. — Any director, officer or employee of a bank or trust company who makes any agreement, express or implied, before or at the time of issuing a certificate of deposit by which its holder may demand or receive payment thereof in advance of its maturity, or who before or at the time of receiving a savings deposit makes an agreement, express or implied, by which the holder of the savings passbook may demand or receive payment of the savings deposit in advance of the time provided for payment under the rules and regulations under which the savings deposit was received, shall forfeit and pay the sum of one hundred dollars for each violation of this provision, to be collected as provided for in this chapter. ­­-------- (RSMo 1939 § 7955, A.L. 1945 p. 932, A. 1949 H.B. 2085, A.L. 1967 p. 445)  Prior revisions: 1929 § 5360; 1919 § 11743
MO Rev Stat § 362.222 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.222 - Checks to be paid at par — exceptions — penalty.

Effective - 28 Aug 1969   362.222. Checks to be paid at par — exceptions — penalty. — 1. No bank or trust company organized under the laws of this state shall settle any check drawn on it otherwise than at par. The provision of this section shall not apply with respect to settlement of a check sent to a bank or trust company as a special collection item.  2. Any officer or employee of any bank or trust company who violates the provisions of subsection 1 shall be guilty of a misdemeanor. For purposes of this section, the settling of each check in violation of subsection 1 shall be deemed a separate offense. ­­-------- (L. 1969 S.B. 201 § 1)