reglab/housing_qa huggingface dataset:
MO Rev Stat § 369.179 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.179 - Accounts in trust, how handled.

Effective - 28 Aug 1983   369.179. Accounts in trust, how handled. — 1. An account owner who holds a certificate for an account indicating that such holder is trustee for a beneficiary or beneficiaries shall have the right to vote as a member if such account is in a mutual association as if such membership certificate were held absolutely, but shall not have the right to hold office by virtue of such holding.  2. The withdrawal or redemption value of an account so held in any association, and earnings thereon, may be paid in whole or in part to such account owner, without regard to any notice to the contrary so long as such account owner is living; and such payment shall be a valid and sufficient release and discharge of the association, to the extent of such payment.  3. If such account owner dies, the association after thirty days from the date of death may treat as owner of the account, and may pay the withdrawal value thereof and dividends thereon to, the apparent or presumed beneficiary or beneficiaries, whether minor or adult, unless the association has acknowledged receipt at its home office of, or has been served there by an officer empowered to make service of process with, a written notice of a claim to the contrary; and the receipt or acquittance of such payee or payees shall be, to the extent of such payment, a valid and sufficient release and discharge of the association.  4. This section, except the first sentence:  (1) Shall not be applicable to an account in the name of a personal representative, conservator, curator or fiduciary appointed by or acting under supervision of a court of record, and known by the association to be held in such capacity;  (2) Shall not apply contrary to the terms, conditions or beneficial interests of any express trust to which the account is subject and of which the association has notice; and  (3) Is enacted for the protection of the association and is not determinative of the rights of persons interested in such account as between themselves. ­­-------- (L. 1971 S.B. 3 § 35, A.L. 1982 S.B. 464, A.L. 1983 S.B. 44 & 45)
MO Rev Stat § 369.184 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.184 - Fiduciary accounts, how handled.

Effective - 28 Aug 1983   369.184. Fiduciary accounts, how handled. — 1. An association may accept accounts in the name of any personal representative, custodian, conservator or other fiduciary for a named beneficiary or beneficiaries, and any such fiduciary may open and make additions to, and may withdraw from any such account. Any payment to the fiduciary shall be a release and discharge of the association for the payment so made without regard to any notice the association may have received concerning the status or capacity of the fiduciary.  2. If any fiduciary named in this section opens an account with an association in his own name not followed by the designation of his fiduciary capacity, the association shall treat such an account as the individually owned account of that person regardless of any notice to the contrary. ­­-------- (L. 1971 S.B. 3 § 36, A.L. 1982 S.B. 464, A.L. 1983 S.B. 44 & 45)
MO Rev Stat § 369.186 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.186 - Accounts payable to second named person upon death of first named person, how handled.

Effective - 28 Aug 1983   369.186. Accounts payable to second named person upon death of first named person, how handled. — 1. An association may contract for an account in the following form: "John Doe, pay on death to Henry Roe." Such account shall, during the lifetime of the person first named in the account, be the property of and under the sole control of the person first named; and the first named person shall be entitled to cancel, change, give away, or otherwise deal with the account as if no other person were* named in the account.  2. At the death of the first named person, the account shall become the property of the person named as the "pay on death" person. The association is authorized to require proof of death and surrender of the evidence of account prior to withdrawal after the death of the first named person.  3. The association may make such other contractual terms as the parties may agree to with respect to the account.  4. Any payment made by an association on an account as described in this section shall be entitled to full credit upon such payment without necessity of determining whether any other person shall have an interest in the account, unless the association shall have been served with process restricting payment on the account in accordance with the terms of such process. ­­-------- (L. 1983 H.B. 570 § 369.185)  *Word "was" appears in original rolls.
MO Rev Stat § 369.189 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.189 - Deposits, form, terms and conditions, regulation of — director, imposition of restrictions and powers on associations, how.

Effective - 06 Jul 1994   369.189. Deposits, form, terms and conditions, regulation of — director, imposition of restrictions and powers on associations, how. — 1. An association may accept deposits in any form not prohibited by sections 369.010 to 369.369.  2. Deposits authorized by this section shall be upon any terms and conditions not prohibited by sections 369.010 to 369.369. Owners of deposits shall be creditors of the association. After April 30, 1982, all accounts in all associations are deposit accounts.  3. The director of the division of finance is authorized under such rules and regulations as the director may prescribe to impose or grant the same restrictions, limitations, prohibitions, conditions, requirements, duties, liabilities, provisions, authorities, powers, rights, options and discretions concerning deposit associations as are from time to time applicable to federal associations under the laws, rules, regulations, orders and decisions applicable to such federal associations. ­­-------- (L. 1971 S.B. 3 § 37, A.L. 1982 S.B. 464, A.L. 1994 H.B. 1165)  Effective 7-06-94
MO Rev Stat § 369.191 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.191 - Association may own or control safety vault.

Effective - 06 Jul 1994   369.191. Association may own or control safety vault. — Every savings and loan association or savings association subject to the provisions of this chapter may for a fee or other consideration receive upon deposit for safekeeping personal property of every description, and own or control a safety vault and rent the boxes therein. For purposes of sections 369.191 to 369.212, the term "association" means any savings and loan association or savings association subject to the provisions of this chapter. ­­-------- (L. 1994 H.B. 1165 § 1)  Effective 7-06-94
MO Rev Stat § 369.194 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.194 - Accounts declared legal investments for fiduciaries.

Effective - 06 Jul 1994   369.194. Accounts declared legal investments for fiduciaries. — 1. Accounts in insured associations are legal and proper investments or depositaries for fiduciaries of every kind and nature, all political subdivisions or instrumentalities of this state, insurance companies, business and nonprofit corporations, charitable or educational corporations or associations, all financial institutions of every kind and character, all pension, endowment and scholarship funds both public and private, and each and all of them may invest funds in accounts in such associations. The director of the division of finance shall by regulation permit associations to pledge funds or assets in connection with the investment of public funds in accounts of associations, and may provide that accounts in associations shall be legal investments for any persons, firms, corporations or entities not herein specifically referred to. Notwithstanding anything to the contrary, accounts prohibited to a mutual association are prohibited to a capital stock association.  2. Notwithstanding any restrictions or limitations contained in any other law of this state, accounts in any association may be accepted by any agency, department or official of the state of Missouri in any case wherein such agency, department or official acting in its or the person's official capacity requires that securities be deposited with such agency, department or official. ­­-------- (L. 1971 S.B. 3 § 38, A.L. 1982 S.B. 464, A.L. 1994 H.B. 1165)  Effective 7-06-94
MO Rev Stat § 369.204 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.204 - Earnings of accounts, how determined and distributed.

Effective - 06 Jul 1994   369.204. Earnings of accounts, how determined and distributed. — Earnings, methods of calculating earnings and rate of earnings, including contractually fixed rates, and the minimum amount upon which earnings shall be paid shall be determined by the board of directors, and earnings shall be distributed on savings accounts at such times and in such manner and on such terms as may be prescribed by regulations of the director of the division of finance. The director's regulations may permit the determination and declaration of rates of earnings during the month preceding the beginning of the period to which the rates are to apply, may provide for a determination date for computing earnings, and may authorize distribution of earnings on withdrawals between earning distribution dates. He may provide that an association may calculate, determine, and pay earnings upon any basis available to a federal association. ­­-------- (L. 1971 S.B. 3 § 40, A.L. 1994 H.B. 1165)  Effective 7-06-94
MO Rev Stat § 369.209 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.209 - Withdrawal, how, when — failure to pay withdrawal applications, powers of director.

Effective - 06 Jul 1994   369.209. Withdrawal, how, when — failure to pay withdrawal applications, powers of director. — 1. Except for accounts which provide for a specified contractual time or notice or are subject to a pledge, and, subject to the right of the association to require advance notice of withdrawal, an account owner at any time may present a written application for withdrawal of all or any part of the account owner's account. The association may by resolution of the board of directors require advance notice of not more than thirty days of an intent to file an application for withdrawal. Every application shall request immediate withdrawal of the stated amount and no account owner shall have on file more than one application. Any account owner may cancel the account owner's application by written notice. Every association either shall pay or shall number, date and file in the order of actual receipt every withdrawal application. Withdrawals shall be made in the order of actual receipt of applications except as provided in this section or by regulation of the director of the division of finance. Upon withdrawal, an association shall pay the withdrawal value of the account.  2. The director of the division of finance may by regulation establish the rules and procedures to apply in the event the association is unable to pay all applications for withdrawal as made including a rotation plan or any other plan for the equitable payment of withdrawals, the payment in full of accounts less than a named amount, the application of receipts to withdrawals, and the circumstances and conditions under which the failure of the association to pay withdrawals as applied for shall be deemed the conduct of its business in an unsafe or injurious manner within the meaning of section 369.339. ­­-------- (L. 1971 S.B. 3 § 41, A.L. 1982 S.B. 464, A.L. 1994 H.B. 1165)  Effective 7-06-94
MO Rev Stat § 369.211 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.211 - Joint renters of safe deposit box — survivor's rights.

Effective - 06 Jul 1994   369.211. Joint renters of safe deposit box — survivor's rights. — Any association doing a safe deposit business may enter into a lease under which a safe deposit box is rented in the names of two or more persons, whether residents or nonresidents of this state, as joint renters. If the lease provides that one or more of such persons, or the survivor thereof, has access and entry to the box and the right to remove the contents whether the other renter or renters are living, mentally incapacitated or dead, the association so renting the box, or upon the premises of which the box is located, shall not be liable for the removal of any of the contents of the box by the survivors thereof. No presumption of ownership of the contents of any such box shall be deemed to be created by the rental contract. ­­-------- (L. 1994 H.B. 1165 § 3)  Effective 7-06-94
MO Rev Stat § 369.212 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.212 - Death of all lessees of safe deposit box, duties of association.

Effective - 06 Jul 1994   369.212. Death of all lessees of safe deposit box, duties of association. — 1. In the event the sole lessee or all lessees as joint renters named in the lease agreement covering a safe deposit box rental shall die, the association by contract may accept the following additional duties: The safe deposit box may be opened at any time thereafter, in the presence of persons claiming to be interested in the contents thereof, by two employees of the association, one of whom shall be an officer of the association; and such employees may remove all instruments of a testamentary nature and deposit the same with the probate divisions of the circuit court, taking its receipt therefor, and such employees in their discretion may deliver life insurance policies therein contained to the beneficiaries named in such policies, and any deed to a cemetery lot and any burial instructions found therein to the appropriate parties; and such lease shall state that the association retains the right to open the safe deposit box on the death of any lessee, including joint renters. When a safe deposit box is opened as authorized in this subsection, the contents not specifically authorized for removal shall remain in the box leased to joint renters. The remaining contents of all other safe deposit boxes so opened shall be kept and retained by the association and shall be delivered only to the parties legally entitled to the same. In the event no person claims to be interested in the contents of a box within sixty days after the death of the lessee, the association may open the box by forcible entry and remove the contents and dispose of the same in accordance with the procedures specified in section 369.211.  2. Upon the death of any lessee of a safe deposit box and upon request of the probate division of the circuit court, the association shall reply to such request and inform such official if the designated person was the lessee of a safe deposit box at the time of death. ­­-------- (L. 1994 H.B. 1165 § 4)  Effective 7-06-94
MO Rev Stat § 369.214 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.214 - Redemption of accounts, how and when, effect of.

Effective - 06 Jul 1994   369.214. Redemption of accounts, how and when, effect of. — 1. An association may redeem, by lot or otherwise as the board of directors may determine, subject to approval of the director of the division of finance, all or any part of its accounts on an earnings payment date by giving thirty days' notice by registered mail to each owner of an account to be redeemed at the owner's last address as shown on the books of the association, but the association may not do so when it is in an impaired condition or has applications for withdrawal on file unpaid. The redemption price of each account redeemed shall be its withdrawal value.  2. Earnings and all rights of the owner of any account called for redemption, except the right to receive the redemption price, cease after the date fixed for redemption if the notice of intended redemption is given as required by this section and if funds are available for the redemption on such date. ­­-------- (L. 1971 S.B. 3 § 42, A.L. 1983 H.B. 570, A.L. 1994 H.B. 1165)  Effective 7-06-94
MO Rev Stat § 369.219 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.219 - Approved investments.

Effective - 28 Aug 2000   369.219. Approved investments. — An association may invest in the following securities:  (1) Obligations of, or obligations fully guaranteed as to principal and interest by, the United States or the state of Missouri;  (2) Stock or obligations of any Office of Thrift Supervision or any successor thereto, of the Federal Deposit Insurance Corporation or any successor thereto, of the Federal National Mortgage Association, of the Government National Mortgage Association, of the Federal Home Loan Mortgage Corporation, the Student Loan Marketing Association, the Federal Home Loan Banks, the Federal Farm Credit Banks or of any corporation or agency of the United States or of this state succeeding any of such corporations or performing similar functions;  (3) Demand, time, or savings deposits, or accounts of any state or federally chartered financial institution, but such deposits or accounts in institutions not insured by a federal agency shall be limited to amounts permitted by regulation of the director of the division of finance;  (4) Stock of a not-for-profit industrial or community development corporation established for the general welfare of the area but not in excess of a total investment of one-half of one percent of its assets;  (5) Obligations of any city, county, town, school district or other political subdivisions of any state including any agency, corporation, or instrumentality of a state or political subdivision in an amount to any one issuer not greater than ten percent of the capital of the association exclusive of investments in general obligations of any issuer, but each such investment shall, when made, meet any requirements as to quality which the director of the division of finance may prescribe; provided, that any obligations of a political subdivision of any state, including an agency, corporation or instrumentality of a political subdivision may be purchased without regard to such quality requirements in an aggregate amount not exceeding an additional one percent of the association's assets if the association's home office, branch office or agency is located in such county;  (6) Capital stock obligations or other securities of any service corporation, as defined by the director of the division of finance, organized under the laws of any state in which all stock is owned by one or more associations or federal associations in an aggregate amount not exceeding that percent of the assets of the association fixed from time to time by the director of the division of finance; and  (7) Such other securities and in such amounts as may be approved from time to time by the director of the division of finance, and any securities purchased while so approved may be retained if the approval is later withdrawn. ­­-------- (L. 1971 S.B. 3 § 43, A.L. 1983 H.B. 570, A.L. 1989 S.B. 40, A.L. 1994 H.B. 1165, A.L. 2000 S.B. 896)  CROSS REFERENCE:  Multinational banks, securities and obligations of, investment in, when, 409.950
MO Rev Stat § 369.224 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.224 - Association to maintain liquid assets — minimum percentage, how set.

Effective - 06 Jul 1994   369.224. Association to maintain liquid assets — minimum percentage, how set. — Every association is required to maintain liquid assets in an amount not less than a minimum percentage established by the director of the division of finance. ­­-------- (L. 1971 S.B. 3 § 44, A.L. 1983 H.B. 570, A.L. 1989 S.B. 40, A.L. 1994 H.B. 1165)  Effective 7-06-94
MO Rev Stat § 369.229 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.229 - Approved transactions and loans.

Effective - 01 Mar 2011, 2 histories   369.229. Approved transactions and loans. — 1. Every association may:  (1) Make loans secured by its accounts to the extent of the withdrawal value thereof and unsecured loans to any account owner but not exceeding such amount individually or in the aggregate as may be established by the director of the division of finance by regulation;  (2) Make loans of any type or kind, approved by the director of the division of finance, secured by mortgage or deed of trust constituting a first lien on real estate as defined in section 442.010, or a leasehold interest therein and having an unexpired term of at least five years or some term in excess of five years as may be fixed by regulation of the director of the division of finance;  (3) Make additional real estate loans secured by liens immediately subsequent to its own first lien upon the same property and with or without additional security;  (4) Purchase real estate loans of the same character as that upon which the association may make an original loan and lend money on the security of such loans;  (5) Participate in loans with other lenders on real estate of any type that the association could originate;  (6) Sell with or without recourse any real estate loan it holds or any participating interest therein.  2. Every association may, subject to such regulations as the director of the division of finance may prescribe:  (1) Make loans secured by the cash surrender value of any life insurance or annuity policy;  (2) Make loans for the purpose of repair, improvement, rehabilitation, furnishing or equipping real estate as defined in section 442.010;  (3) Make loans, and purchase obligations representing loans, for the purpose of mobile home financing, including development, holding and leasing of mobile home parks or sites, provided that, for purposes of this section mobile home includes a manufactured home as defined in section 700.010;  (4) Make loans for the payment of educational expenses;  (5) Make loans to homeowners with or without security for any purpose, but the aggregate of the unpaid balances of all such loans to any one borrower shall not exceed at any time the sum of five thousand dollars or such greater sum as the director of the division of finance may allow by regulation;  (6) Make loans to its directors, officers, and employees; and  (7) Make such other loans secured or unsecured as the director of the division of finance by regulation may permit. ­­-------- (L. 1971 S.B. 3 § 45, A.L. 1983 H.B. 570, A.L. 1994 H.B. 1165, A.L. 2010 S.B. 630)  Effective 3-01-11