Section 361.005

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 361

Effective - 28 Aug 1995   

  361.005.  Definitions, chapters 361, 362, and 369. — As used in chapter 362 and chapter 369 and this chapter, unless the context clearly indicates otherwise, the following terms mean:

  (1)  "Foreign bank", the meaning set forth in section 1(b) of the International Banking Act of 1978, 12 U.S.C. 310(b);

  (2)  "Home state":

  (a)  In the case of a national bank, the state in which the main office of the bank is located; and

  (b)  In the case of a state bank, the state by which the bank is chartered;

  (3)  "Host state", a state in which a bank establishes a branch other than the home state of the bank;

  (4)  "Out-of-state bank", any bank, including a foreign bank, the home state of which is a state other than Missouri.

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(L. 1995 H.B. 63, et al.)