362.350. Officers, how sued--evidence of knowledge. - Missouri Statutes

Officers, how sued--evidence of knowledge.

362.350. In all suits brought for the recovery of the amountof any deposits received, or debts so created, all officers,agents or managers of the bank or trust company charged with sohaving assented to the reception of the deposits, or the creationof the debt, may be joined as defendants or proceeded againstseverally, and the fact that the bank or trust company was soinsolvent or in failing circumstances at the time of thereception of the deposit charged to have been so received, or thecreation of the debt charged to have been so created, shall beprima facie evidence of knowledge and assent to the deposit orcreation of the debt on the part of the officer, agent ormanager.

(RSMo 1939 § 7977, A.L. 1967 p. 445)

Prior revisions: 1929 § 5382; 1919 § 11764; 1909 § 1114