Missouri § 361.020 - Powers of division.

Full text of Missouri Revised Statutes of Missouri § 361.020 — Powers of division., with citation guidance and answers to common questions.

§ 361.020. Powers of division.

1.  The division of finance shall have charge of the execution of the laws relating to banks, trust companies, and the banking business of this state;  of the laws relating to persons and entities engaged in the small loan or consumer credit business in this state; of the laws relating to persons and entities engaged in the mortgage loan business in this state; and of the laws relating to persons and entities engaged in any other financial services-related business over which the division of finance is granted express authority.

2.  The director of finance may institute, in the name of the state of Missouri, and defend suits in the courts of this state and the United States.

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(RSMo 1939 § 7879, A.L. 1961 p. 463, A.L. 2023 S.B. 13)

Prior revision: 1929 § 5285

---- end of effective  28 Aug 2023 ----

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Source: official Missouri text · Last verified 2026-08-27

Frequently Asked Questions About Missouri § 361.020

What does Revised Statutes of Missouri § 361.020 cover?

Section 361.020 ("Powers of division.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Missouri § 361.020?

A common citation format is "Revised Statutes of Missouri § 361.020" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Missouri law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.

How does Missouri § 361.020 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.