This legal document governs the lease of safe deposit boxes by banks, trust companies, and safe deposit companies. It allows these entities to enter into leases for safe deposit boxes rented in the names of two or more persons as joint renters. If the lease provides that one or more of the joint renters, or the survivor thereof, has access and entry to the box and the right to remove the contents, the entity renting the box shall not be liable for the removal of any contents by the survivors.

This provision, found in the Revised Statutes of Missouri under the section for Banks and Trust Companies, outlines the additional duties of a lessor in the event of the death of a lessee in a safe deposit box rental. The lessor, as per the contract, may open the safe deposit box in the presence of interested parties, remove testamentary instruments and deposit them with the probate division of the circuit court, deliver life insurance policies to beneficiaries, and deliver burial instructions and cemetery deeds to appropriate parties.

Notwithstanding any provision of law of this state or of any political subdivision thereof requiring security for deposits in the form of collateral, surety bond or in any other form, security for such deposits shall not be required to the extent said deposits are insured under the provisions of an act of congress creating and establishing the Federal Deposit Insurance Corporation or similar agency created and established by the Congress of the United States.

During the period of sixty days next following the taking charge of any such bank or trust company as authorized by law, deposits may be received from the customers of said bank, or trust company and others as special deposits, or trust funds, and paid out on the check of such depositors drawn against their respective balances; but no part of the funds deposited during said period of sixty days shall be an asset of any such bank, or trust company doing a banking business, within the meaning of the banking laws of this state; nor shall any part of such funds so deposited be loaned by any such bank or trust company except upon United States government bonds, or other securities of the government of the United States, or upon the bonds of the state of Missouri, as collateral, allowing a safe margin to meet fluctuations in the market price of such bonds and securities.

This provision, found in the Revised Statutes of Missouri under the section for Banks and Trust Companies, sets a limitation on bank holding companies in relation to total deposits. It prohibits a bank holding company from obtaining control of any bank or depository financial institution if the total deposits in such bank or institution, along with the total deposits in all banks and depository financial institutions in Missouri controlled by the bank holding company, exceed thirteen percent of the total deposits in all depository financial institutions in the state.

This legal document governs the procedure for obtaining an order allowing the acquisition of control of a bank or a bank holding company. It applies to bank holding companies seeking to acquire control of a bank or a bank holding company. The document requires the bank holding company to file an application with the division of finance, including supplemental data, to determine the lawfulness of the acquisition. The director of finance will issue an order within thirty days, declaring the acquisition to be lawful or unlawful.

Any court of competent jurisdiction may enjoin violations of subsection 1 of section 362.920.Any bank adversely affected by any such violation, any banking organization having statewide membership, and the director of finance shall have standing to sue in any such action. ——– (L. 1974 H.B. 1798 1 subsec. 7, A.L. 1999 S.B. 386)

This legal document authorizes banks and trust companies to conduct certain transactions at their main banking house or branches, provided they are authorized by an affiliated entity. The authorized transactions include receiving and renewing deposits from customers of the affiliated entity, cashing or issuing checks, drafts or money orders for the account of customers of the affiliated entity, and closing and servicing loans and receiving loan payments and other payments due from customers of the affiliated entity.

This legal document governs the medium and time of settlement by a bank. It specifies that the medium and time of settlement may be prescribed by Federal Reserve regulations, clearing-house rules, agreements, or similar provisions. In the absence of such prescription, the medium of settlement is cash or credit to an account in a Federal Reserve bank or as specified by the person receiving settlement. The time of settlement varies depending on the method of tender, such as cash, check, credit or debit to an account, or funds transfer.

This legal document governs the final payment of an item by a payor bank. It outlines the conditions under which an item is considered finally paid, including when the payor bank pays the item in cash, settles for the item without the right to revoke the settlement, or makes a provisional settlement for the item and fails to revoke it within the permitted time. If provisional settlement does not become final, the item is not considered finally paid.