Missouri § 361.966 Reports of certain events.

Missouri Statutes

§ 361.966 — Reports of certain events.

Missouri § 361.966

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

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

This text of Missouri § 361.966 (Reports of certain events.) 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. § 361.966 (2026).

Text

1. A licensee shall file a report with the director within one business day after the licensee has reason to know of the occurrence of any of the following events:

(1)The filing of a petition by or against the licensee under the United States Bankruptcy Code, 11 U.S.C. Section 101-110, as amended or recodified from time to time, for bankruptcy or reorganization;

(2)The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors; or

(3)The commencement of a proceeding to revoke or suspend its license in a state or country in which the licensee engages in business or is licensed. 2. A licensee shall

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1. A licensee shall file a report with the director within one business day after the licensee has reason to know of the occurrence of any of the following events:

(1) The filing of a petition by or against the licensee under the United States Bankruptcy Code, 11 U.S.C. Section 101-110, as amended or recodified from time to time, for bankruptcy or reorganization;

(2) The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors; or

(3) The commencement of a proceeding to revoke or suspend its license in a state or country in which the licensee engages in business or is licensed.

2. A licensee shall notify the director within three business days after the licensee has reason to know that:

(1) The licensee or a key individual or person in control of the licensee, has been convicted of, or pled guilty or nolo contendere to a felony involving an act of fraud, dishonesty, a breach of trust, or money laundering; or

(2) An authorized delegate has been convicted of, or pled guilty or nolo contendere to, a felony involving an act of fraud, dishonesty, a breach of trust, or money laundering.