Missouri § 377.240 Withdrawals of securities upon relinquishment of business.

Missouri Statutes

§ 377.240 — Withdrawals of securities upon relinquishment of business.

Missouri § 377.240

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 377Assessment Plan and Stipulated Premium Plan Life Insurance

This text of Missouri § 377.240 (Withdrawals of securities upon relinquishment of 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. § 377.240 (2026).

Text

1.When any such corporation, company or association shall desire to relinquish its business in this state, the director shall, on application of such corporation under oath of its president or principal officer and secretary or actuary, give notice of such intention at least twice in a newspaper of general circulation published at the state capitol.

2.After such publication he shall deliver up to said corporation the securities, or any portion thereof, held by him belonging to such corporation upon being satisfied that all the debts and liabilities of every kind are paid or provided for.

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1. When any such corporation, company or association shall desire to relinquish its business in this state, the director shall, on application of such corporation under oath of its president or principal officer and secretary or actuary, give notice of such intention at least twice in a newspaper of general circulation published at the state capitol.

2. After such publication he shall deliver up to said corporation the securities, or any portion thereof, held by him belonging to such corporation upon being satisfied that all the debts and liabilities of every kind are paid or provided for.