Missouri § 370.100 - Division director — powers — qualifications — examiners and assistants.
Full text of Missouri Revised Statutes of Missouri § 370.100 — Division director — powers — qualifications — examiners and assistants., with citation guidance and answers to common questions.
§ 370.100. Division director — powers — qualifications — examiners and assistants.
1. There is created within the state department of commerce and insurance, a director of the division of credit unions who shall have exclusive supervision of all credit unions operating under the laws of this state and may make necessary rules and regulations to carry out the provisions of this chapter.
2. The director of credit unions shall be appointed by the governor with the advice and consent of the senate to serve at his or her pleasure.
3. The director of credit unions shall maintain his or her office at Jefferson City, Missouri, and shall devote all of his or her time to the duties of his or her office.
4. No person shall be eligible to be appointed to the office unless he or she has had at least three years actual practical experience with credit union operation or unless he or she has served for the same period of time in the agency having charge of credit union operation in this or some other state of the United States, or in the national credit union administration.
5. The director may appoint a deputy director of credit unions and such examiners, assistant examiners and other employees and assistants as he or she shall deem necessary to properly discharge his or her duties as director.
6. The actual and necessary traveling and other divisional or office expenses of the director, the deputy director, and other assistants and employees shall be paid out of the state treasury as provided by law.
7. The examiners and any person appointed as deputy director shall possess the qualifications required for the director.
8. All persons appointed by the director as authorized herein shall perform the duties required of them by the director, and shall devote all of their time to their official duties.
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(RSMo 1939 § 5526, A.L. 1945 p. 689, A.L. 1945 p. 720, A. 1949 H.B. 2091, A.L. 1959 S.B. 127, A.L. 1967 p. 509, A.L. 1972 S.B. 502, A.L. 2011 S.B. 306)
Prior revision: 1929 § 5084
Revisor's Note: Section 620.010 created a division of credit unions in the department of economic development and transferred all powers and duties of the state supervisor of credit unions to the division of credit unions and the office of the state supervisor of credit unions was abolished. That language in section 620.010 was repealed in 2008.
---- end of effective 28 Aug 2011 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 370.100
What does Revised Statutes of Missouri § 370.100 cover?
Section 370.100 ("Division director — powers — qualifications — examiners and assistants.") 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 § 370.100?
A common citation format is "Revised Statutes of Missouri § 370.100" (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 § 370.100 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.