361.130. Reports to director--information accepted in lieu of reports. - Missouri Statutes

Reports to director--information accepted in lieu of reports.

361.130. 1. The director shall require all financial institutionsunder his or her supervision to make regular periodic reports of theircondition to him or her, and in addition the director may require specialreports at such times as he or she may prescribe. The director shallprescribe the form and contents of all such reports. Such reports shall beverified and the director shall prescribe the form of verification.

2. The director, at least two times in each year, shall designatesome day as of which every bank or trust company under the director'ssupervision shall report to him or her. The director shall serve a noticedesignating such day by delivering a copy thereof to some officer of suchcorporation at its place of business or by mail, postage prepaid, addressedto such corporation at its principal place of business.

3. In lieu of requiring direct filing of reports of condition, thedirector may obtain the information from data filed with federal regulatoryagencies but may require verification and the filing of supplementalinformation as the director deems necessary.

(RSMo 1939 § 7896, A.L. 1949 p. 276, A.L. 1988 H.B. 1204, A.L. 2003 H.B. 221 merged with S.B. 346)

Prior revisions: 1929 § 5302; 1919 § 11690