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2017 Missouri Revised Statutes
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 362 Banks and Trust Companies
Section 362.1065 Commercial banking, engagement in prohibited.
Universal Citation: MO Rev Stat § 362.1065 (2017)
Effective 28 Aug 2017
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 362362.1065. Commercial banking, engagement in prohibited. — Notwithstanding any other provision of sections 362.1010 to 362.1117, no family trust company shall engage in commercial banking. However, a family trust company may establish accounts at financial institutions for its own purposes or on behalf of family members to whom it provides services under sections 362.1010 to 362.1117.
(L. 2017 H.B. 292)
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