Missouri § 362.225 Reserve depositaries.

Missouri Statutes

§ 362.225 — Reserve depositaries.

Missouri § 362.225

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 362Banks and Trust Companies

This text of Missouri § 362.225 (Reserve depositaries.) 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. § 362.225 (2026).

Text

Missouri banks and depository trust companies shall maintain reserves against aggregate deposits as provided by the Federal Reserve Act and any amendments thereto or of regulations duly adopted and promulgated under the Federal Reserve Act for banks and trust companies of similar size and classification according to the requirements for the Federal Reserve District in which the bank or deposit trust company is located.  Federal Reserve Banks located in this state are approved depositories for all banks and trust companies.

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Missouri banks and depository trust companies shall maintain reserves against aggregate deposits as provided by the Federal Reserve Act and any amendments thereto or of regulations duly adopted and promulgated under the Federal Reserve Act for banks and trust companies of similar size and classification according to the requirements for the Federal Reserve District in which the bank or deposit trust company is located. Federal Reserve Banks located in this state are approved depositories for all banks and trust companies.

Legislative History

(RSMo 1939 § 7956, A.L. 1967 p. 445, A.L. 1977 S.B. 420, A.L. 2005 H.B. 707) Prior revisions: 1929 § 5361; 1919 § 11744 Reserve requirements, federal regulations to take precedence, when, 362.231