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

Full text of Missouri Revised Statutes of Missouri § 369.149 — Mutual associations — liability and rights of members — rejection or limitation on memberships., with citation guidance and answers to common questions.

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

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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(L. 1971 S.B. 3 § 29, A.L. 1982 S.B. 464)

Effective 4-30-82

---- end of effective  30 Apr 1982 ----

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

Frequently Asked Questions About Missouri § 369.149

What does Revised Statutes of Missouri § 369.149 cover?

Section 369.149 ("Mutual associations — liability and rights of members — rejection or limitation on memberships.") 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 § 369.149?

A common citation format is "Revised Statutes of Missouri § 369.149" (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 § 369.149 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.