Missouri Statutes
§ 362.420 — Prohibition of banking business.
Missouri § 362.420
This text of Missouri § 362.420 (Prohibition of banking business.) 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. § 362.420 (2026).
Text
No corporation, domestic or foreign, other than a corporation formed under or subject to the banking laws of this state or of the United States, except as permitted by such laws, shall by any implication or construction be deemed to possess the power of carrying on the business of discounting bills, notes or other evidences of debt, of receiving deposits, of buying and selling bills of exchange, or of issuing bills, notes or other evidences of debt for circulation as money, or of engaging in any other form of banking.
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Legislative History
(RSMo 1939 § 7890, A. 1949 H.B. 2085)
Prior revisions: 1929 § 5296; 1919 § 11684
Nearby Sections
15
§ 362.010
Definitions.§ 362.020
Articles of agreement — contents.§ 362.025
Articles of agreement to be filed.§ 362.048
Emergency bylaws — when.§ 362.050
Cash capital required.Cite This Page — Counsel Stack
Bluebook (online)
Missouri § 362.420, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/362/362.420.