Mo. Rev. Stat. § 110.020
This is the official text of Mo. Rev. Stat. § 110.020, part of Missouri’s Rev. Stat — part of the compiled statutory law of Missouri, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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110.020 Securities deposited, amount of.
Official statutory text
110.020. Securities deposited, amount of. — The value of the securities deposited and maintained by a legal depositary under section 110.010 shall at all times be not less than one hundred percent of the actual amount of the funds on deposit with the depositary, less the amount, if any, insured by the Federal Deposit Insurance Corporation.
(RSMo 1939 § 8184, A.L. 1959 S.B. 77, A.L. 1973 S.B. 66) CROSS REFERENCES: Accounts of certain savings and loan associations shall be legal securities, when, 369.194 Bonds, notes, etc., of the FHA may be used as security, 362.190
(RSMo 1939 § 8184, A.L. 1959 S.B. 77, A.L. 1973 S.B. 66) CROSS REFERENCES: Accounts of certain savings and loan associations shall be legal securities, when, 369.194 Bonds, notes, etc., of the FHA may be used as security, 362.190
Status: in_force · Read it on the official government site
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