State Codes and Statutes

Statutes > Missouri > T24 > C362 > 362_510

When director shall liquidate.

362.510. If the state finance director shall, during theperiod of sixty days next following the taking possession of anysuch bank or trust company under the provisions of law, find thatsuch bank or trust company should not be permitted to continue inbusiness, or cannot be reorganized on a sound basis, he shallproceed as provided by law to effect the liquidation thereof.

(RSMo 1939 § 8006)

State Codes and Statutes

Statutes > Missouri > T24 > C362 > 362_510

When director shall liquidate.

362.510. If the state finance director shall, during theperiod of sixty days next following the taking possession of anysuch bank or trust company under the provisions of law, find thatsuch bank or trust company should not be permitted to continue inbusiness, or cannot be reorganized on a sound basis, he shallproceed as provided by law to effect the liquidation thereof.

(RSMo 1939 § 8006)


State Codes and Statutes

State Codes and Statutes

Statutes > Missouri > T24 > C362 > 362_510

When director shall liquidate.

362.510. If the state finance director shall, during theperiod of sixty days next following the taking possession of anysuch bank or trust company under the provisions of law, find thatsuch bank or trust company should not be permitted to continue inbusiness, or cannot be reorganized on a sound basis, he shallproceed as provided by law to effect the liquidation thereof.

(RSMo 1939 § 8006)