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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 362

Effective - 28 Aug 1967bottom

  362.155.  Accounts of branches to be kept separately. — Each and every bank or trust company authorized hereunder shall conduct the accounts of each foreign branch independently of the accounts of other foreign branches established by it and of its home office and shall at the end of each year transfer to its general ledger the profit or loss accrued at each branch as a separate item.

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(RSMo 1939 § 7948, A.L. 1967 p. 445)

Prior revisions: 1929 § 5353; 1919 § 11736


---- end of effective   28 Aug 1967 ----

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