reglab/housing_qa huggingface dataset:
MO Rev Stat § 362.590 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.590 - Bond not required of banks and trust companies, when acting as fiduciaries.

Effective - 28 Aug 1977   362.590. Bond not required of banks and trust companies, when acting as fiduciaries. — Any state or national bank or trust company qualified to act as fiduciary in this state shall be permitted to qualify as guardian, executor, administrator, assignee, receiver, trustee, or in any fiduciary capacity, by appointment of any court, or under will, or depositary of money in court, without giving bond as such, and become sole guarantor or surety in or upon any bond required by law to be given in any proceeding in law or equity in any of the courts of this state or other states or of the United States, any other statute to the contrary notwithstanding. ­­-------- (L. 1967 p. 445, A.L. 1971 S.B. 171, A.L. 1977 S.B. 420)  (Source: RSMo 1959 § 363.700)  CROSS REFERENCE:  Bonds of political subdivisions lawful security, when, 108.290  (1951) Trust company may be appointed and qualify as executor in accordance with will without complying with this section. State ex rel. v. Stahlhuth, 362 Mo. 67, 239 S.W.2d 515.
MO Rev Stat § 362.610 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.610 - Banks and trust companies may merge or consolidate.

Effective - 28 Aug 1999   362.610. Banks and trust companies may merge or consolidate. — Any bank, banks, trust company or trust companies, organized pursuant to the laws of this state, may be merged in any other such bank or trust company, or may be consolidated with any other such bank, banks, trust company or trust companies, to form a consolidated corporation pursuant to this chapter, on compliance with the provisions of sections 362.610 to 362.810; except that the consolidated corporation shall not be a bank unless one of the parties to the consolidation or merger was a bank, or upon compliance with the provisions of section 362.118, and the consolidated corporation shall not be a trust company unless one of the parties to the consolidation or merger was a trust company, or upon compliance with the provisions of section 362.117. Since federal law permits out-of-state banks to merge with a national bank headquartered in Missouri, any out-of-state bank or trust company may be merged or consolidated with any Missouri bank or trust company, and any Missouri bank or trust company may merge or consolidate with any out-of-state bank or trust company, upon compliance with the provisions of section 362.077. ­­-------- (L. 1967 p. 445, A.L. 1997 H.B. 257, A.L. 1999 S.B. 386)  (Source: RSMo 1959 § 363.770)
MO Rev Stat § 362.620 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.620 - Agreement for consolidation.

Effective - 28 Aug 1967   362.620. Agreement for consolidation. — If the agreement provides for a consolidation, then the agreement shall set out:  (1) The terms and conditions of the consolidation and the method of carrying same into effect;  (2) The name of the proposed corporation which may be the name in whole or in part of any one or more of the corporations which are parties to the agreement;  (3) The name of the city or town and county in this state in which the consolidated corporation is to be located;  (4) The amount of the capital stock of the corporation;  (5) The number of shares into which it is divided and the par value thereof;  (6) That the shares have been subscribed by the persons named therein as the first board of directors as trustees for each of the stockholders of the contracting corporations, and that all of the capital stock has been paid up either in lawful money of the United States, or by the capital stock, surplus and undivided profits of the corporations which are parties to the agreement; provided, that the part of the capital of the consolidated corporation as is paid by the capital, surplus or undivided profits of either one or more of the contracting corporations shall be received only for the amount which may be approved by the director therefor;  (7) That the custody of all such cash and property has been placed in the care and control of the persons named as the first board of directors;  (8) The number of directors and the names and addresses of the directors chosen for the consolidated corporation, and that they may adopt new bylaws for the consolidated company;  (9) The purpose for which the corporation is formed which shall be limited to the purposes as then prescribed by law for trust companies or banks, as the case may be, under this chapter;  (10) The duration of the corporation as may be then permitted by law;  (11) Such other provisions as may be necessary or proper to fully set out the rights of the respective contracting corporations, their stockholders and creditors and the plan of such consolidation. ­­-------- (L. 1967 p. 445)  (Source: RSMo 1959 § 363.800)
MO Rev Stat § 362.630 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.630 - Agreement for merger.

Effective - 28 Aug 1967   362.630. Agreement for merger. — If the agreement provides for a merger, then it shall set out:  (1) The names of the companies thereto;  (2) The terms and conditions of the merger, and the mode of carrying same into effect;  (3) The corporate name of the receiving bank or trust company under the merger; the name may be the name in whole or in part of any bank or trust company which is a party to the merger;  (4) The names of the persons who shall constitute the board of directors of the receiving company, after the merger is accomplished, provided that the number and the qualifications of the directors shall be in accordance with the provisions of this chapter relating to the number and qualifications of directors of banks and trust companies. ­­-------- (L. 1967 p. 445)  (Source: RSMo 1959 § 363.790)
MO Rev Stat § 362.640 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.640 - Agreement for merger or consolidation.

Effective - 28 Aug 1967   362.640. Agreement for merger or consolidation. — Each bank and trust company which is to be a party to the merger or to the consolidation shall, upon being first authorized by its board of directors by the affirmative vote of a majority of all the members of the board, enter into an agreement with the other banks and trust companies which are to be parties to the merger or to the consolidation providing for the merger or the consolidation on the terms and conditions therein set out. The agreement shall be in writing, and executed and acknowledged under the respective seals of the banks and trust companies as are parties thereto. The execution and acknowledgment shall be in such form as now or hereafter required by law for execution and acknowledgment of instruments conveying real estate. ­­-------- (L. 1967 p. 445)  (Source: RSMo 1959 § 363.780)
MO Rev Stat § 362.650 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.650 - Certified copies evidence.

Effective - 28 Aug 1967   362.650. Certified copies evidence. — A copy of the minutes of the proceedings of the respective boards, and a copy of the agreement certified and verified by the respective cashiers and secretaries of the banks and trust companies wherein the proceedings are had, shall be presumptive evidence of the action of the respective boards. ­­-------- (L. 1967 p. 445)  (Source: RSMo 1959 § 363.810)
MO Rev Stat § 362.660 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.660 - Verified copies of agreement and proceedings shall be submitted to finance director.

Effective - 28 Aug 2019, 2 histories   362.660. Verified copies of agreement and proceedings shall be submitted to finance director. — A copy of the agreement so executed and the certified and verified copies of the proceedings of the respective boards of directors shall be submitted to the finance director for his approval, and he shall have full power and authority to approve or disapprove the same; provided, that in case the director shall disapprove the agreements so submitted, the banks and trust companies which are parties thereto may submit another plan for a merger or a consolidation under the provisions of this chapter. ­­-------- (L. 1967 p. 445, A.L. 2019 S.B. 179)  (Source: RSMo 1959 § 363.820)
MO Rev Stat § 362.670 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.670 - Finance director shall certify finding within thirty days.

Effective - 28 Aug 1967   362.670. Finance director shall certify finding within thirty days. — The approval or disapproval by the finance director shall be certified by him in writing to each bank and trust company which is a party to the merger or such consolidation within thirty days after the date of submission of the agreement to him. ­­-------- (L. 1967 p. 445)  (Source: RSMo 1959 § 363.830)
MO Rev Stat § 362.680 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.680 - Agreement to be submitted to stockholders, when — exceptions, procedures.

Effective - 28 Aug 2000   362.680. Agreement to be submitted to stockholders, when — exceptions, procedures. — 1. In case of approval by the finance director, the agreement, except as provided in subsection 3 of this section, shall within sixty days after the date of the approval be submitted to the stockholders of each bank and trust company which is a party to the merger or consolidation.  2. The meeting of the stockholders of each bank and trust company for the purpose shall be called upon notice given as provided in section 362.044.  3. In the event that the director of the division of finance determines that one of the banks which is a party to the merger is in imminent danger of failing and that the merger is necessary to prevent such failure, or that one of the banks which is a party to the merger was formed to take over assets and liabilities of a failed bank, or that the parties to the merger are wholly owned by a bank holding company, he or she shall issue an order to such effect and the merger shall take effect immediately upon the issuance of his or her order approving the merger. In such a case, the agreement of merger, along with a copy of the order of the director of the division of finance approving the merger, shall be filed in the public records of the division of finance. No stockholders' meeting need be held but any stockholder of either bank shall be entitled to exercise the right of a dissenting stockholder pursuant to section 362.730. ­­-------- (L. 1967 p. 445, A.L. 1983 H.B. 565, A.L. 1986 H.B. 1195, A.L. 1999 S.B. 386, A.L. 2000 S.B. 896)  (Source: RSMo 1959 § 363.840)
MO Rev Stat § 362.690 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.690 - Agreement binding, when.

Effective - 28 Aug 1967   362.690. Agreement binding, when. — At the time and place fixed by the notice each of the banks and trust companies shall respectively hold a meeting of their respective stockholders for the purpose of considering the agreement, and if the stockholders of each of the banks and trust companies respectively shall at their respective meetings vote two-thirds of the stock of their respective banks and trust companies in favor of the agreement, then the agreement shall be valid and binding upon the banks and trust companies. ­­-------- (L. 1967 p. 445)  (Source: RSMo 1959 § 363.850)
MO Rev Stat § 362.700 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.700 - Agreement for merger becomes effective, when.

Effective - 28 Aug 2000   362.700. Agreement for merger becomes effective, when. — 1. If the agreement is so approved and ratified by the stockholders of each of the respective banks and trust companies, then in case the agreement provides for a merger, a copy of the minutes of the respective stockholders' meetings at which the agreement is approved, with a copy of the agreement and the director's approval thereof, all certified and verified by the respective secretaries of the meetings, shall be filed in the public records of the division of finance, and a like copy of the minutes, agreement and approval shall be filed with the cashier or secretary of each of the banks and trust companies which are parties to the agreement.  2. Upon the filing for record of the copies as herein required to be filed, the agreement and merger shall become effective according to its terms. ­­-------- (L. 1967 p. 445, A.L. 2000 S.B. 896)  (Source: RSMo 1959 § 363.860)
MO Rev Stat § 362.710 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.710 - Agreement for consolidation becomes effective, when.

Effective - 28 Aug 2000   362.710. Agreement for consolidation becomes effective, when. — 1. If the agreement is approved and ratified by the stockholders of the respective banks and trust companies, then in case the agreement provides for a consolidation of the banks and trust companies which are parties thereto, a copy of the minutes of the proceedings of the respective stockholders' meetings at which the agreement is approved, with a copy of the agreement and the finance director's approval thereof, all certified and verified by the respective secretaries of the meetings, shall be filed in the public records of the division of finance and a like copy of the minutes, agreement and approval shall be filed with the cashier or secretary of each of the banks and trust companies party to the agreement.  2. Upon the filing in the public records of the division of finance of a copy of the agreement with the approval of the director, and the proceedings above prescribed, the agreement for the consolidation of the banks and trust companies which are parties thereto shall take effect according to its terms and the consolidation shall thereupon be complete; provided, the legal fees for the incorporation of the consolidated banks or trust companies are paid to the director, the same as if a new corporation were organized for the same amount of capital authorized for the consolidated company. ­­-------- (L. 1967 p. 445, A.L. 2000 S.B. 896)  (Source: RSMo 1959 § 363.870)
MO Rev Stat § 362.720 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.720 - Receiving or consolidated company shall issue new certificates for old, when.

Effective - 28 Aug 1967   362.720. Receiving or consolidated company shall issue new certificates for old, when. — The receiving bank or trust company under the merger, or the consolidated corporation, may require the return of the original certificate held by each stockholder in either of the merging corporations or in either of the consolidating corporations, unless the certificate or certificates have been lost or destroyed, and shall cancel the original certificates and issue in lieu thereof new certificate or certificates for such number of its own shares as the stockholders may be entitled to receive under the agreement providing for the merger or for the consolidation and according to the terms and conditions contained in the agreement for the merger or consolidation; provided, that if the original certificate or certificates are lost or destroyed, then, before issuance of new certificate or certificates in lieu thereof, the loss or destruction shall be proved by affidavit or otherwise to the satisfaction of the board of directors of the receiving or consolidated corporation, and indemnity satisfactory to the board shall be given. ­­-------- (L. 1967 p. 445)  (Source: RSMo 1959 § 363.880)
MO Rev Stat § 362.740 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.740 - Finding and report of appraisers — compensation — notice to be given by clerk of court — minority discount.

Effective - 28 Aug 2000   362.740. Finding and report of appraisers — compensation — notice to be given by clerk of court — minority discount. — 1. The appraisers so appointed and qualified shall meet at the time and place so designated by the court or judge, and shall proceed to ascertain and determine the reasonable cash value of the shares of stock of the respective dissenting stockholders at the time of the merger or consolidation. For this purpose each of the appraisers may administer oaths and the appraisers may hear testimony offered by any party to the proceeding. At the conclusion of the hearing the appraisers shall forthwith determine the value of the shares of stock of each of the dissenting stockholders to the proceeding which shall not be less than the current book value of said stock. The concurrence of at least two of the appraisers shall be necessary to constitute a finding by the appraisers. The report of the appraisers shall be in writing, signed and acknowledged by at least two of them, and filed with the clerk of the court in which the proceeding is pending, together with their qualifying affidavits. The court may fix the compensation to be awarded appraisers, which compensation shall be taxed as costs in the case. The clerk of the court shall, upon the filing of the award or finding by the appraisers, notify each of the parties or their attorneys of record of the filing of the report.  2. To determine the reasonable value of the stock at the time of the merger, consolidation or reverse stock split, such appraisers shall value such stock to include consideration of a minority discount to reflect that these minority shareholders' lack of control over corporate decision making and a marketability discount to reflect the fact that a ready market does not exist for such stock, except as otherwise provided in this section. ­­-------- (L. 1967 p. 445, A.L. 2000 S.B. 896)  (Source: RSMo 1959 § 363.900)
MO Rev Stat § 362.750 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.750 - Exceptions to appraisal, review, new appraisal, final judgment — stock to be surrendered.

Effective - 28 Aug 2000   362.750. Exceptions to appraisal, review, new appraisal, final judgment — stock to be surrendered. — Within twenty days after the filing of the appraisal, exceptions in writing may be filed thereto by any party interested. If exceptions are so filed the court shall review the appraisal and may order, on good cause shown, a new appraisal by other appraisers, or the court may hear evidence touching matters in controversy and take an accounting to ascertain and determine the value of the shares and may make the order that justice, equity and right require. If no exceptions are filed to the report of the appraisers, the court shall enter final judgment approving the report. If any of the orders herein provided for are made in vacation, the vacation orders shall be considered and confirmed by the court. In its judgment the court shall ascertain and determine the value of the shares of stock of the merging bank, banks, trust company or trust companies, of the consolidating banks or trust companies, or of the bank or trust company in a reverse stock split at the time of the merger, consolidation or reverse stock split. When the receiving bank or trust company under the merger, the consolidated bank or trust company under the consolidation or the bank or trust company in a reverse stock split has paid the value of the stock as determined by the court, the stock shall be surrendered and the stockholder shall cease to have any interest in the stock or in the corporate property of the corporation and the corporation shall not hold such stock as treasury stock. ­­-------- (L. 1967 p. 445, A.L. 2000 S.B. 896)  (Source: RSMo Supp. 1965 § 363.910)
MO Rev Stat § 362.760 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.760 - Cost of proceedings, how taxed.

Effective - 28 Aug 1967   362.760. Cost of proceedings, how taxed. — The cost of the proceedings to determine the value of stock, as above provided for, up to and including the filing of the report of the appraisers, shall be paid by the receiving or consolidated bank or trust company, and the court shall make and enter such orders and judgments as to subsequent costs as to the court may seem just and proper in the premises. ­­-------- (L. 1967 p. 445)  (Source: RSMo 1959 § 363.920)
MO Rev Stat § 362.765 (2021)
2021 Missouri Revised Statutes|Title XXIV - Business and Financial Institutions|Chapter 362 - Banks and Trust Companies|Section 362.765 - Definitions — state-chartered bank merger with nonbank subsidiaries or nonbank affiliates — procedure.

Effective - 28 Aug 2021   362.765. Definitions — state-chartered bank 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 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 bank or trust company holds control, as defined under section 362.910.  2. Upon approval by the director of finance, a bank or trust company 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 bank or trust company 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 bank or trust company, and any effect on the bank or trust company's customers. The director of finance may deny a 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 an agreement of merger be approved, the director of finance shall provide a certification for the effective date of the merger to the bank or trust company that the bank or trust company 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 bank or trust company to exercise any right, power, privilege, or benefit that the bank or trust company could not lawfully exercise immediately prior to the merger. ­­-------- (L. 2021 S.B. 106)