reglab/housing_qa huggingface dataset:
MO Rev Stat § 369.359 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.359 - Foreign association doing business in state must comply with regulation by division of finance.

Effective - 06 Jul 1994   369.359. Foreign association doing business in state must comply with regulation by division of finance. — No foreign association or foreign holding company shall transact the business of a savings association within this state, or maintain an office in this state for the purpose of transacting such business, or acquire any proprietary interest in or control of or merge, or enter into any merger agreement, with any association except in accordance with such rules and regulations as the director of the division of finance shall promulgate providing for the licensing, admission, qualifications and operating requirements of foreign associations. No foreign savings association shall be considered to be doing business in this state by reason of engaging in the activities set forth in section 362.423. ­­-------- (L. 1971 S.B. 3 § 71, A.L. 1986 S.B. 730, A.L. 1994 H.B. 1165)  Effective 7-06-94
MO Rev Stat § 369.361 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.361 - Foreign associations adjoining states and principal business outside state, requirements to do business — principal business, how determined — control, defined.

Effective - 28 Aug 1986   369.361. Foreign associations adjoining states and principal business outside state, requirements to do business — principal business, how determined — control, defined. — 1. Notwithstanding any law to the contrary, foreign associations which conduct their principal operations in a state adjoining Missouri, and which are not controlled by a foreign holding company incorporated in or which conducts its principal operations in a state not adjoining Missouri, may acquire control of associations in Missouri or may merge with or acquire control of associations conducting their principal operations in Missouri, if the adjoining state permits associations which conduct their principal operations in Missouri to acquire control of savings and loan associations in such adjoining state, under conditions which are substantially the same as those imposed by that state on savings and loan associations conducting their principal operations in that state except, any savings and loan association or savings and loan holding company having its principal office in this state, may merge with or acquire control of, or be merged with or be acquired by, a savings and loan association or a savings and loan holding company having its principal office in any other state if the savings and loan association or savings and loan holding company having its principal office in this state is conducting business as a savings and loan association or savings and loan holding company in that state; and any savings and loan association or savings and loan holding company which has its principal office outside of this state may continue to conduct business in this state if they were conducting such business on August 13, 1986.  2. As used in this section, the state in which a savings and loan association conducts its principal business shall be the state in which the total deposits are the largest, and the term "control" shall mean control in any manner of the election of a majority of the directors of a savings and loan association. ­­-------- (L. 1986 S.B. 730)
MO Rev Stat § 369.364 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.364 - Federal associations may have same powers as state associations.

Effective - 30 Apr 1982   369.364. Federal associations may have same powers as state associations. — Unless federal laws or regulations provide otherwise, federal savings associations with principal offices located within this state and the members, stockholders, and deposit account owners thereof shall possess all of the rights, powers, privileges, benefits, immunities and exemptions that are now provided or that may be hereafter provided by the laws of this state for associations organized under the laws of this state and for the members, stockholders, and account owners thereof and all such laws shall apply to such associations and the members and stockholders thereof. This provision is additional and supplemental to any provision which by specific reference is applicable to federal savings associations and the members and stockholders thereof. ­­-------- (L. 1971 S.B. 3 § 72, A.L. 1982 S.B. 464)  Effective 4-30-82
MO Rev Stat § 369.367 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.367 - Other provisions of law, applicable, when.

Effective - 06 Jul 1994, 2 histories   369.367. Other provisions of law, applicable, when. — When not in direct conflict with or superseded by specific provisions of this chapter, or other provisions applicable to savings and loan associations, the provisions of chapter 351 shall extend to associations organized or operated under this chapter. ­­-------- (L. 1982 S.B. 464, A.L. 1994 H.B. 1165)  Effective 7-06-94
MO Rev Stat § 369.369 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.369 - Penalty for false statement or certificate.

Effective - 28 Aug 1971   369.369. Penalty for false statement or certificate. — If any statement or certificate which is required by sections 369.010 to 369.369 is false, any person who with knowledge of such falsity willfully swears to such statement or certificate is guilty of perjury, and upon conviction thereof shall be punished as provided by law. ­­-------- (L. 1971 S.B. 3 § 73)
MO Rev Stat § 369.371 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.371 - Costs of reproducing records — costs of appearing in court or deposition — limitation of liability.

Effective - 28 Aug 2000   369.371. Costs of reproducing records — costs of appearing in court or deposition — limitation of liability. — 1. Any person requesting association records by subpoena in a civil court case shall reimburse the association fifteen dollars plus a fee of thirty-five cents per page for researching the records and copying or reproduction of such records.  2. If the requesting party provides the association a written affidavit, signed by all parties to whom the records pertain, granting permission to release the records at least fourteen days prior to the date scheduled for a records' deposition, then the association may mail the records to the requesting party with a business records' affidavit in lieu of an association officer appearing at a deposition. If an association officer must appear in court or at a records' deposition in response to a subpoena, the requesting party shall be responsible for the association's reasonable expenses incurred for appearing in court or at a deposition.  3. A court may assess as costs against any party the expenses incurred and paid to an association for records produced or appearances in the civil action.  4. An association shall have no liability to an account holder for disclosing records in reliance on an affidavit to it in accordance with this section. ­­-------- (L. 2000 S.B. 896)
MO Rev Stat § 369.670 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.670 - Definitions.

Effective - 28 Aug 1997   369.670. Definitions. — For purposes of this chapter, the following terms mean:  (1) "Association", shall also include a savings bank chartered or converted pursuant to the provisions of sections 369.670 to 369.714;  (2) "Director", shall refer to the director of the division of finance unless the context indicates otherwise. ­­-------- (L. 1997 H.B. 257 § 369.400)
MO Rev Stat § 369.675 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.675 - Savings bank, establishment — articles of agreement, requirements.

Effective - 28 Aug 1997   369.675. Savings bank, establishment — articles of agreement, requirements. — 1. When authorized by the director, any five or more persons who associate themselves by written articles of agreement, as provided by law, for the purpose of establishing a savings bank, may be incorporated under any name or title designating such business. Such persons may act on behalf of a holding company.  2. The articles of agreement shall set forth:  (1) The name of the proposed savings bank, which shall not be confusingly similar to the name of any other existing depository institution;  (2) The address at which such savings bank is to be located;  (3) The amount to be paid in for its capital stock;  (4) The duration of its existence which shall be perpetual;  (5) The purposes of the proposed savings bank;  (6) The number of directors which shall be not more than fifteen nor less than five, all of whom shall satisfy the qualifications in section 369.109;  (7) The names of the incorporators, who shall be its directors until the first annual meeting; and  (8) Any other provisions, not inconsistent with law, which the incorporators may choose to insert. ­­-------- (L. 1997 H.B. 257 § 369.405)
MO Rev Stat § 369.678 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.678 - Articles of agreement, requirements, filing, director's duties — recording of articles, where.

Effective - 28 Aug 2019, 2 histories   369.678. Articles of agreement, requirements, filing, director's duties — recording of articles, where. — The articles of agreement shall be signed and acknowledged by the parties to the articles of agreement, and shall be filed with the director. If the director finds the articles to be improperly drawn, the director shall immediately return the articles to the parties indicating the corrections to be made. If the director finds the articles to be in proper form, the director shall approve the submittal. ­­-------- (L. 1997 H.B. 257 § 369.410, A.L. 2019 S.B. 179)
MO Rev Stat § 369.684 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.684 - Examination required, expenses.

Effective - 28 Aug 1997   369.684. Examination required, expenses. — 1. When any savings bank has filed with the director proper copies of its articles of agreement, paid the incorporation and other fees in full, and provided the cash, as required by law, the director, before the savings bank completes its incorporation, shall cause an examination to be made to determine whether:  (1) The requisite capital of the savings bank has been subscribed in good faith and paid in actual cash and is ready for use in the transaction of its business;  (2) The character, responsibility and general fitness of the persons named in the articles of agreement and any holding company on whose behalf they are acting are such as to command confidence and warrant belief that the business of the proposed institution will be conducted honestly and efficiently in accordance with the intent and purpose of this chapter; and  (3) The convenience and needs of the community to be served justify and warrant the opening of the savings bank in the community, and if the probable volume of business in such community is sufficient to ensure and maintain the solvency of the new savings bank and the solvency of the then existing depository institutions in the community.  2. The persons named in the articles of agreement shall be liable for all expenses incurred in making the examination, including the wages and other necessary expenses of each examiner making the examination; except that, if the charter is granted, such incurred expenses may be assumed by the savings bank so chartered. ­­-------- (L. 1997 H.B. 257 § 369.415)
MO Rev Stat § 369.689 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.689 - Certificate of organization, recorded.

Effective - 28 Aug 1997   369.689. Certificate of organization, recorded. — 1. If the director finds that all the provisions of the law have been complied with, the director shall grant a certificate setting forth that such savings bank has been duly organized and the amount of its capital subscribed and paid up in full. The certificate shall designate the address and location at which the savings bank is authorized to conduct its business.  2. Such certificate shall be recorded in the office of the recorder of deeds of the county or city in which the savings bank shall be located, and the recorded certificate or certified copies of the certificate shall be accepted in all courts of this state as evidence of its incorporation. ­­-------- (L. 1997 H.B. 257 § 369.420)
MO Rev Stat § 369.695 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.695 - Powers of savings bank — taxed, how.

Effective - 28 Aug 1997   369.695. Powers of savings bank — taxed, how. — 1. The powers of a savings bank shall be limited to those of a bank or trust company pursuant to chapter 362. Where such powers may be exercised only upon obtaining the approval of the director, the procedures and standards in chapter 362 shall be used in determining whether a savings bank shall be permitted to exercise such powers and the savings bank shall be treated for such purposes as if it were a bank. Any appeal from a decision on such an application shall be handled as if it were an appeal by a bank pursuant to chapter 362.  2. Except where expressly stated otherwise in sections 369.670 to 369.714, a savings bank shall be subject to the provisions of this chapter pertaining to the organization, operation, examination, assessment, reorganization, conversion, merger and liquidation of associations to the same extent as if it were an association. Sections 369.019, 369.024 and 369.034 shall not apply to the incorporation of a savings bank.  3. For purposes of sections 148.610 to 148.710, a savings bank shall be taxed as if it were a savings and loan association. ­­-------- (L. 1997 H.B. 257 § 369.425)
MO Rev Stat § 369.699 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.699 - Limits on investment.

Effective - 28 Aug 1997   369.699. Limits on investment. — 1. A savings bank may not invest more than forty percent of its total assets in commercial loans. A commercial loan is a loan for business, commercial, corporate or agricultural purposes.  2. A savings bank shall maintain at least fifteen percent of its assets in assets and investments taken from the following categories:  (1) First and second lien residential mortgage loans or foreclosed residential mortgage loans;  (2) Home improvement loans;  (3) Interim residential construction loans; and  (4) Mortgage-backed securities. ­­-------- (L. 1997 H.B. 257 § 369.430)
MO Rev Stat § 369.703 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.703 - Merger — conversion — trust powers — director's powers.

Effective - 28 Aug 1997   369.703. Merger — conversion — trust powers — director's powers. — 1. A savings bank may merge with or convert its charter to that of a bank pursuant to the provisions of section 369.087, to the same extent as if it were an association.  2. A savings bank may exercise trust powers upon filing an application for trust powers and receiving the approval of the director pursuant to chapter 362.  3. The director's powers in sections 361.260 to 361.269 and the procedures described in such sections shall apply to any savings bank and any director, officer, agent, employee or other person participating in the conduct of its affairs to the same extent such powers * and procedures apply to a bank and to any director, officer, agent, employee or other person participating in the conduct of such bank's affairs. ­­-------- (L. 1997 H.B. 257 § 369.435)  *Words "and powers" appear in original rolls.
MO Rev Stat § 369.705 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.705 - Definitions — savings banks merger with nonbank subsidiaries or nonbank affiliates — procedure.

Effective - 28 Aug 2021   369.705. Definitions — savings banks merger with nonbank subsidiaries or nonbank affiliates — procedure. — 1. As used in this section, the following terms mean:  (1) "Nonbank affiliate", any nonbank business entity of which a bank holding company or bank savings and loan holding company holds control, as defined under section 362.910;  (2) "Nonbank business entity", an entity that is not a bank, trust company, savings and loan association, or savings bank;  (3) "Nonbank subsidiary", any nonbank business entity of which a savings and loan association or savings bank holds control, as defined in section 362.910.  2. Upon approval by the director of finance, a savings and loan institution or savings bank chartered under this chapter may merge with one or more of its nonbank subsidiaries or nonbank affiliates pursuant to an agreement of merger, provided that the savings and loan institution or savings bank is the surviving institution.  3. The agreement of merger shall be submitted to the director of finance, and the director shall act upon the agreement of merger within thirty days of the submission. In determining whether to approve or deny the merger, the director shall consider the purpose of the transaction, its impact on the safety and soundness of the savings and loan institution or savings bank, and any effect on the savings and loan institution or savings bank customers. The director of finance may deny the merger if the merger would have a negative effect in any such respect.  4. The decision of the director of finance may be appealed in the same manner as decisions by the director under section 362.040 may be appealed. Should the state banking and savings and loan board decision result in the approval of the agreement of merger, the board may impose such conditions and terms upon the merger as the board deems appropriate.  5. Should the agreement of merger be approved, the director of finance shall provide a certification for the effective date of the merger to the savings and loan institution or savings bank that the savings and loan institution or savings bank may present to the secretary of state or other applicable state business office to demonstrate the completion of the merger.  6. A merger authorized under this section shall not enable a savings and loan institution or savings bank to exercise any right, power, privilege, or benefit that the savings and loan institution or savings bank could not lawfully exercise immediately prior to such merger. ­­-------- (L. 2021 S.B. 106)
MO Rev Stat § 369.708 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 369 - Savings and Loan Associations|Section 369.708 - Law to apply.

Effective - 28 Aug 1997   369.708. Law to apply. — A savings bank shall follow the provisions of chapter 361 and chapter 362 as if it were a bank organized pursuant to those chapters for the following:  (1) To apply for and to operate branch offices;  (2) To purchase real estate or organize subsidiary corporations;  (3) To amend its articles of association and bylaws; and  (4) To call and hold meetings of the members or shareholders and directors and to conduct such meetings. ­­-------- (L. 1997 H.B. 257 § 369.440)
MO Rev Stat § 370.005 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 370 - Credit Unions|Section 370.005 - Definitions.

Effective - 28 Aug 2007   370.005. Definitions. — As used in sections 370.005 to 370.400, the following terms mean:  (1) "Credit union", a not-for-profit corporation organized for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest, providing for the mutual benefit and general welfare of its members with the earnings, savings, benefits, and services being distributed to its members, for financial and financially related services, and for an opportunity for its members to improve their economic and social conditions;  (2) "Director", the director of the division of credit unions. ­­-------- (L. 1977 H.B. 48, A.L. 1978 S.B. 746, A.L. 2007 S.B. 591)
MO Rev Stat § 370.006 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 370 - Credit Unions|Section 370.006 - Division of credit unions created — transfer — salary of director.

Effective - 28 Aug 2008   370.006. Division of credit unions created — transfer — salary of director. — There is hereby created a "Division of Credit Unions", to be headed by a director appointed by the governor with the advice and consent of the senate. The division of credit unions with all of its powers, duties, and functions is assigned by type III transfer under the authority of the Omnibus State Reorganization Act of 1974 and executive order 06-04 to the department of commerce and insurance. All of the general provisions, definitions, and powers enumerated in section 1 of the Omnibus State Reorganization Act of 1974 and executive order 06-04 shall apply to this department and its divisions, agencies, and personnel. The salary of the director of the division of credit unions shall be set by the director of the department within the limits of the appropriations therefor. Wherever the laws, rules, or regulations of this state make reference to the "division of credit unions of the department of economic development" or to the "division of credit unions", such references shall be deemed to refer to the division of credit unions of the department of commerce and insurance. ­­-------- (L. 2008 S.B. 788)
MO Rev Stat § 370.010 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 370 - Credit Unions|Section 370.010 - Credit union, how organized.

Effective - 28 Aug 2020, 2 histories   370.010. Credit union, how organized. — Any seven persons, residents of the state of Missouri, may apply to the director of the division of credit unions, for permission to organize a credit union by signing and acknowledging a certificate of organization and entering into articles of agreement, in which they shall bind themselves to comply with its requirements and with all the laws, rules and regulations applicable to credit unions. ­­-------- (RSMo 1939 § 5521, A.L. 1941 p. 331, A.L. 1945 p. 689, A.L. 1945 p. 718, A. 1949 H.B. 2091, A.L. 1972 S.B. 502, A.L. 2020 S.B. 599)  Prior revision: 1929 § 5079