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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 362

previous next Effective - 28 Aug 1939bottom

  362.480.  Deposits of trustee, how paid out. — Whenever any deposit shall be made in any bank, banking institution or trust company by any person as trustee, or by any person in trust for another, and no other or further notice of the existence and terms of such trust shall have been given in writing to the bank, banking institution or trust company, the same may be paid upon the check or order of said trustee, bearing his signature and containing the same words in which said deposit was made.

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(RSMo 1939 § 3536)

Prior revisions: 1929 § 3146; 1919 § 13428; 1909 § 11929

CROSS REFERENCE:

Rules as to dealing with fiduciary depositors, 469.290 to 469.320


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

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