Missouri § 369.204 Earnings of accounts, how determined and distributed.

Missouri Statutes

§ 369.204 — Earnings of accounts, how determined and distributed.

Missouri § 369.204

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 369Savings and Loan Associations

This text of Missouri § 369.204 (Earnings of accounts, how determined and distributed.) 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. § 369.204 (2026).

Text

Earnings, methods of calculating earnings and rate of earnings, including contractually fixed rates, and the minimum amount upon which earnings shall be paid shall be determined by the board of directors, and earnings shall be distributed on savings accounts at such times and in such manner and on such terms as may be prescribed by regulations of the director of the division of finance.  The director's regulations may permit the determination and declaration of rates of earnings during the month preceding the beginning of the period to which the rates are to apply, may provide for a determination date for computing earnings, and may authorize distribution of earnings on withdrawals between earning distribution dates.  He may provide that an association may calculate, determine, and pay ear

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Earnings, methods of calculating earnings and rate of earnings, including contractually fixed rates, and the minimum amount upon which earnings shall be paid shall be determined by the board of directors, and earnings shall be distributed on savings accounts at such times and in such manner and on such terms as may be prescribed by regulations of the director of the division of finance. The director's regulations may permit the determination and declaration of rates of earnings during the month preceding the beginning of the period to which the rates are to apply, may provide for a determination date for computing earnings, and may authorize distribution of earnings on withdrawals between earning distribution dates. He may provide that an association may calculate, determine, and pay earnings upon any basis available to a federal association.