A savings bank shall follow the provisions of chapter 361 and chapter 362 as if it were a bank organized pursuant to those chapters for the following:

(1) To apply for and to operate branch offices;

Terms Used In Missouri Laws 369.708

  • Association: a savings and loan association or a savings association subject to the provisions of this chapter. See Missouri Laws 369.014
  • Branch: a place of business other than the home office at which is transacted authorized business of the association. See Missouri Laws 369.014
  • following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020

(2) To purchase real estate or organize subsidiary corporations;

(3) To amend its articles of association and bylaws; and

(4) To call and hold meetings of the members or shareholders and directors and to conduct such meetings.

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