☰ Revisor of Missouri


Chapter 375

< > Effective - 28 Aug 1992    bottom

  375.1224.  Unclaimed funds, deemed unclaimed property — effect. — 1.  All unclaimed funds subject to distribution remaining in the liquidator's hands when he is ready to apply to the court for discharge, including the amount distributable to any creditor, shareholder, member or other person who is unknown or cannot be found, shall be deposited with the director of the department of economic development to be held and disposed of as provided by laws for unclaimed property.

  2.  All funds withheld under section 375.1212 which are not distributed shall upon discharge of the liquidator be deposited with the director of the department of economic development as provided by laws for unclaimed property and distributed by him in accordance with section 375.1218.  Any sums remaining which under section 375.1218 would revert to the undistributed assets of the insurer shall be converted to cash and paid to the state treasurer for deposit to the general revenue fund of the state.

  3.  This section shall be applicable to proceedings instituted before and after August 28, 1991.


(L. 1991 H.B. 385, et al. § 94, A.L. 1992 H.B. 1574)


Dissolution of business, unclaimed intangible personal property presumed abandoned, when, 447.527

---- end of effective  28 Aug 1992 ----

use this link to bookmark section  375.1224

Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Missouri Senate
State of Missouri
Missouri House