Missouri Laws 362.463 – Out-of-state bank may relocate to this state
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Terms Used In Missouri Laws 362.463
- 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
An out-of-state bank may, with the approval of the director of the division of finance, relocate its main banking house up to thirty miles to a location in Missouri. The director shall grant a certificate of incorporation to any out-of-state bank which has relocated its main office to Missouri pursuant to the provisions of this section.