Title XXIV — BUSINESS AND FINANCIAL INSTITUTIONS
21 chapters · 2,195 sections in this title.
§ 368.010 RSMo Definition
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368.010. Definition. — The term "loan and investment company" as used in this chapter means any corporation formed under the provisions of this chapter. -------- (RSMo 1939 § 5418) Prior revisions: 1929 § 4979; 1919 § 10189
§ 368.020 RSMo Corporations, how organized
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368.020. Corporations, how organized. — Corporations may be organized in the same manner as general and business corporations, under chapter 351, except as otherwise herein provided. -------- (RSMo 1939 § 5419, A.L. 1957 p. 212) Prior revisions: 1929 § 4980; 1919 § 10190
§ 368.030 RSMo Capital stock
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368.030. Capital stock. — The aggregate amount of the capital stock of any loan and investment company organized under this chapter shall not be more nor less than is provided for in the case of general and business corporations. -------- (RSMo 1939 § 5420, A.L. 1957 p. 212) Pr…
§ 368.040 RSMo Powers of loan and investment companies relative to charges on loans
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368.040. Powers of loan and investment companies relative to charges on loans. — In addition to the general powers conferred upon corporations by chapter 351, every loan and investment company organized under the provisions of this chapter shall have the following powers: (1) To …
§ 368.050 RSMo Violators of section 368.040 shall be guilty of misdemeanor
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368.050. Violators of section 368.040 shall be guilty of misdemeanor. — Any corporation organized under the provisions of this chapter, or any officer or employee thereof, who shall violate any of the provisions of section 368.040 shall be deemed guilty of a misdemeanor. ------…
§ 368.060 RSMo Refund of interest on loans upon which interest has been paid in advance
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368.060. Refund of interest on loans upon which interest has been paid in advance. — Whenever a loan upon which interest has been collected in advance, shall be paid in full before maturity thereof, the licensee shall allow or refund to the maker or makers a sum equivalent to int…
§ 368.070 RSMo Limitation of powers
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368.070. Limitation of powers. — No loan and investment company shall: (1) Hold the obligation of any person, firm or corporation for money borrowed, for an amount exceeding ten percent of the paid-in capital stock of such loan and investment company, and its surplus and undivide…
§ 368.080 RSMo Corporations not to engage in banking
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368.080. Corporations not to engage in banking. — Nothing in this chapter and none of the powers conferred upon corporations organized hereunder shall be construed as authorizing such corporations to receive money on deposit or engage in banking within the meaning of section 362.…