2019 Missouri Revised Statutes
Title XXIV - Business and Financial Institutions
Chapter 362 - Banks and Trust Companies
Section 362.450 Revocation of authorization certificate or license in certain cases.

Universal Citation: MO Rev Stat § 362.450 (2019)

Effective 28 Aug 2019

362.450. Revocation of authorization certificate or license in certain cases. — If at any time the director shall be satisfied that any foreign corporation to which has been issued an authorization certificate or license is violating any of the provisions of this chapter, or is conducting its business in an unauthorized or unsafe manner, or is in an unsound or unsafe condition to transact its business, or cannot with safety and expediency continue business, the director may over his or her official signature and seal of office notify the holder of such authorization certificate or license that the same is revoked.

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(RSMo 1939 § 7893, A.L. 2000 S.B. 896, A.L. 2019 S.B. 179)

Prior revisions: 1929 § 5299; 1919 § 11687

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