Missouri § 370.005 Definitions.

Missouri Statutes

§ 370.005 — Definitions.

Missouri § 370.005

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 370Credit Unions

This text of Missouri § 370.005 (Definitions.) 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. § 370.005 (2026).

Text

As used in sections 370.005 to 370.400 , the following terms mean:

(1)"Credit union" , a not-for-profit corporation organized for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest, providing for the mutual benefit and general welfare of its members with the earnings, savings, benefits, and services being distributed to its members, for financial and financially related services, and for an opportunity for its members to improve their economic and social conditions;

(2)"Director" , the director of the division of credit unions.

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As used in sections 370.005 to 370.400 , the following terms mean:

(1) "Credit union" , a not-for-profit corporation organized for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest, providing for the mutual benefit and general welfare of its members with the earnings, savings, benefits, and services being distributed to its members, for financial and financially related services, and for an opportunity for its members to improve their economic and social conditions;

(2) "Director" , the director of the division of credit unions.