Missouri Laws 362.085 – Banks or trust companies may provide for issuance and sale in articles of ..
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Terms Used In Missouri Laws 362.085
- Bank: means any corporation soliciting, receiving or accepting money, or its equivalent, on deposit as a business, whether the deposit is made subject to check, or is evidenced by a certificate of deposit, a passbook, a note, a receipt, or other writing, and specifically a commercial bank chartered under this chapter or a national bank located in this state. See Missouri Laws 362.010
- hereafter: means the time after the statute containing it takes effect. See Missouri Laws 1.020
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
Any bank, trust company, or other financial institution hereafter organized and incorporated under the laws of the state of Missouri for the purpose of doing a banking business, subject to the control and supervision by the finance director of the state of Missouri, may in its articles of agreement for incorporation provide for the issuance and sale of its shares of preferred stock, subject to the provisions of sections 362.075 to 362.100.