Missouri § 361.460 Effect of director's notice to remove upon contract of bailment or of deposit for hire.

Missouri Statutes

§ 361.460 — Effect of director's notice to remove upon contract of bailment or of deposit for hire.

Missouri § 361.460

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 361Division of Finance and Powers of Director of Finance

This text of Missouri § 361.460 (Effect of director's notice to remove upon contract of bailment or of deposit for hire.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 361.460 (2026).

Text

After the director shall have duly mailed a notice in writing, as provided in section 361.450 , the contract of bailment or of deposit for hire, or lease of safe, vault or box, if any, between the persons duly notified and the corporation, shall cease and determine upon the date for removal fixed in such notice, and the amount of the unearned rent or charges, if any, paid by such person shall become a debt of the corporation to said person.

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After the director shall have duly mailed a notice in writing, as provided in section 361.450 , the contract of bailment or of deposit for hire, or lease of safe, vault or box, if any, between the persons duly notified and the corporation, shall cease and determine upon the date for removal fixed in such notice, and the amount of the unearned rent or charges, if any, paid by such person shall become a debt of the corporation to said person.