447.572. Examination of records by treasurer and persons authorized, when. - Missouri Statutes

Examination of records by treasurer and persons authorized, when.

447.572. The treasurer may at reasonable times and upon reasonablenotice examine the records of any person if the treasurer has reason tobelieve that such person has failed to report property that should have beenreported pursuant to sections 447.500 to 447.595; provided, however, thatexamination of the records of any person or entity subject to the supervisionof the divisions of finance, credit unions, the department of insurance,financial institutions and professional registration, or the public servicecommission shall be made by the chief officer of the respective agency at therequest of the treasurer. Such examination by the chief officer of therespective agency may be delegated to the chief officer's full-time employees,who otherwise examine the specific listed institution regulated by suchagency. Such chief officer of the respective agency shall certify in writingto the treasurer and the institution under examination when the chief officerhas reason to believe that such institution has failed to report property thatshould have been reported pursuant to sections 447.500 to 447.595. In suchcase the treasurer may examine such institution. The communications betweensuch chief officers and the treasurer concerning this section shall beconsidered exceptions to any applicable confidentiality statutes. Thetreasurer may delegate any duty imposed upon the treasurer pursuant to theprovisions of sections 447.500 to 447.595 to such other agency employees asthe treasurer deems appropriate.

(L. 1984 H.B. 1088 § 22, A.L. 1989 H.B. 506, A.L. 1993 H.B. 566, A.L. 1994 H.B. 1165 merged with S.B. 757, A.L. 1998 H.B. 1510)