370.130. Penalty for noncompliance. - Missouri Statutes

Penalty for noncompliance.

370.130. 1. If any credit union neglects for fifteen daysto make the required reports or to pay the required charges,including charges for delay in filing reports, the director shallnotify such credit union of his intention to revoke itscertificate of approval.

2. If such neglect or failure continues for an additionalfifteen days, the director may revoke the certificate of approvalof such credit union.

3. Whenever the director revokes the certificate of approvalof any credit union, he shall file notice of such revocation withthe secretary of state.

(RSMo 1939 § 5526, A.L. 1945 p. 689, A.L. 1945 p. 720, A. 1949 H.B. 2091)

Prior revision: 1929 § 5084