Missouri § 369.134 Reserve account required.

Missouri Statutes

§ 369.134 — Reserve account required.

Missouri § 369.134

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 369Savings and Loan Associations

This text of Missouri § 369.134 (Reserve account required.) 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. § 369.134 (2026).

Text

Each association shall establish a general reserve account, for the purpose of absorbing losses, and such other reserves as the director of the division of finance may require.  The association shall maintain the general reserve account at such amount, make such transfers to the general reserve account, other required reserves, and undivided profits at such times and in such manner as the director of the division of finance shall determine by regulation.

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Each association shall establish a general reserve account, for the purpose of absorbing losses, and such other reserves as the director of the division of finance may require. The association shall maintain the general reserve account at such amount, make such transfers to the general reserve account, other required reserves, and undivided profits at such times and in such manner as the director of the division of finance shall determine by regulation.