434.050. Stakeholder liable. - Missouri Statutes

Stakeholder liable.

434.050. Every stakeholder who shall knowingly receive anymoney or property, staked upon any betting declared gaming by theforegoing provisions, shall be liable to the party who placedsuch money or property in his hands, both before and after thedetermination of such bet; and the delivery of the money orproperty to the winner shall be no defense to any action broughtby the losing party for the recovery thereof; provided, that nostakeholder shall be liable afterward unless a demand has beenmade of such stakeholder for the money or property in hispossession, previous to the expiration of the time agreed upon bythe parties for the determination of the bet or wager.

(RSMo 1939 § 3399) Prior revisions: 1929 § 3012; 1919 § 5749; 1909 § 6630