Missouri § 361.570 - Dividends to creditors — priorities — disposition of unclaimed dividends.
Full text of Missouri Revised Statutes of Missouri § 361.570 — Dividends to creditors — priorities — disposition of unclaimed dividends., with citation guidance and answers to common questions.
§ 361.570. Dividends to creditors — priorities — disposition of unclaimed dividends.
1. At any time after the date fixed by the director for the presentation of claims, the circuit court may by order authorize the director upon his application to declare out of the funds remaining in his hands after the payment of expenses, one or more dividends.
2. Such order shall specify what claims, if any, are entitled to priority of payment, and shall direct the director regarding the manner of payment of such prior claims. At any time after the expiration of eight months from said date fixed for the presentation of such claims, he may by like order declare a final dividend.
3. Such dividends shall be paid to such persons, in such amounts, and upon such notice, as the circuit court in the county or city in which the principal office of such corporation is located may by order direct.
4. Dividends remaining unclaimed or unpaid in the hands of the director for six months after the order for final distribution shall be deposited by him as provided in section 361.200.
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(RSMo 1939 § 7934, A.L. 1978 H.B. 1634)
Prior revisions: 1929 § 5339; 1919 § 11722
Effective 1-02-79
---- end of effective 02 Jan 1979 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 361.570
What does Revised Statutes of Missouri § 361.570 cover?
Section 361.570 ("Dividends to creditors — priorities — disposition of unclaimed dividends.") 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 § 361.570?
A common citation format is "Revised Statutes of Missouri § 361.570" (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 § 361.570 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.