Mo. Rev. Stat. § 110.050
This is the official text of Mo. Rev. Stat. § 110.050, 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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110.050 Liability of depositaries.
Official statutory text
110.050. Liability of depositaries. — No bank or trust company wherein any deposits of private or public moneys shall be made shall become obligated or liable on account thereof except for the safekeeping thereof and for the payment of the amount thereof with interest thereon, if any, which said depositary may have contracted to pay. All banks and trust companies and other banking institutions now or hereafter engaged in business in this state shall be and they are hereby authorized with respect to any and all such funds deposited with them to provide and maintain the security for such deposits as may be by law required.
(RSMo 1939 § 8187)
(RSMo 1939 § 8187)
Status: in_force · Read it on the official government site
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