Missouri Laws 369.224 – Association to maintain liquid assets — minimum percentage, how set
Current as of: 2023 | Check for updates
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Terms Used In Missouri Laws 369.224
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Association: a savings and loan association or a savings association subject to the provisions of this chapter. See Missouri Laws 369.014
- Director of the division of finance: the chief officer of the division of finance. See Missouri Laws 369.014
Every association is required to maintain liquid assets in an amount not less than a minimum percentage established by the director of the division of finance.