Missouri § 369.149 Mutual associations — liability and rights of members — rejection or limitation on memberships.

Missouri Statutes

§ 369.149 — Mutual associations — liability and rights of members — rejection or limitation on memberships.

Missouri § 369.149

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 369Savings and Loan Associations

This text of Missouri § 369.149 (Mutual associations — liability and rights of members — rejection or limitation on memberships.) 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. § 369.149 (2026).

Text

The members of a mutual association shall not be responsible for any losses which the association's assets shall not be sufficient to satisfy, and the accounts of members shall not be subject to assessment.  Earnings shall be declared in accordance with the provisions of sections 369.010 to 369.369 . An association may reject any person as a depositor and may limit from time to time the amounts which may be accepted by the association as deposits.

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The members of a mutual association shall not be responsible for any losses which the association's assets shall not be sufficient to satisfy, and the accounts of members shall not be subject to assessment. Earnings shall be declared in accordance with the provisions of sections 369.010 to 369.369 . An association may reject any person as a depositor and may limit from time to time the amounts which may be accepted by the association as deposits.