Revisor Home

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 361

previous next Effective - 28 Aug 1939bottom

  361.430.  On taking possession, director shall notify those holding assets — effect of notification. — 1.  When the director shall have taken possession of the property and business of any such corporation, he shall forthwith give notice of such fact to any and all banks, trust companies, associations and individuals holding any assets of such corporation.

  2.  No corporation, association or individual having notice or knowledge that the director has taken possession of such corporation, shall have a lien or charge against any of the assets of such corporation for any payment, advance or clearance thereafter made, or liability thereafter incurred.

­­--------

(RSMo 1939 § 7920)

Prior revisions: 1929 § 5326; 1919 § 11709


---- end of effective   28 Aug 1939 ----

use this link to bookmark section  361.430

Effective dates prior to 1940 may not be the actual effective date. See FAQ 'When do laws become effective?'


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

Site changes Contact
Other Links
Oversight Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@21:44:26.0 25