362.510. When director shall liquidate. — If the state finance director shall, during the period of sixty days next following the taking possession of any such bank or trust company under the provisions of law, find that such bank or trust company should not be permitted to continue in business, or cannot be reorganized on a sound basis, he shall proceed as provided by law to effect the liquidation thereof.
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(RSMo 1939 § 8006)
---- end of effective 28 Aug 1939 ----
use this link to bookmark section 362.510
Effective dates prior to 1940 may not be the actual effective date. See FAQ 'When do laws become effective?'
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