Section 361.540

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 361

Effective - 28 Aug 2000   

  361.540.  Claims approved or rejected — list of such claims. — 1.  The director shall, not later than thirty days after the time has expired to file objections to claims duly presented, approve or reject every duly filed claim except claims as to which objections are still pending undetermined by the court or judge.

  2.  Every claim approved by him, he or she shall endorse "approved" and file so endorsed in his or her office.

  3.  If he or she doubts the justice or validity of any claim, he or she shall reject such claim and shall endorse the same "rejected" and file said claim so endorsed in his or her office.  He or she shall cause notice of such rejection to be served upon the claimant either personally or by mail.

  4.  The director shall not determine priorities, in approving or rejecting claims; but approved claims shall be presented to the circuit court of Cole County pursuant to section 361.570 for determination as to their priority of payment.

  5.  Within thirty days after the director has approved or rejected all claims duly filed, he or she shall list all claims approved and all rejected by him and file one copy of said list in the public records of the division of finance.

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(RSMo 1939 § 7931, A.L. 2000 S.B. 896)

Prior revisions: 1929 § 5336; 1919 § 11719