Missouri § 362.165 - Restrictions on taking and holding real estate.
Full text of Missouri Revised Statutes of Missouri § 362.165 — Restrictions on taking and holding real estate., with citation guidance and answers to common questions.
§ 362.165. Restrictions on taking and holding real estate.
1. All real estate, including any subsurface rights or interests therein, purchased by any bank or trust company or taken by it in its own right in settlement of debts due it shall be conveyed to it directly by name and the conveyance immediately recorded in the office of the proper recording officer of the county or city in which the real estate is located.
2. Such real estate, rights, or interests so purchased or acquired by any bank or trust company shall be sold by it within ten years of the date on which it shall have been acquired unless it shall be held or occupied in whole or in part by the bank or trust company under the authority of paragraph (c) of subdivision (10) of subsection 1 of section 362.105; provided, that if at any time a bank or trust company changes its location it may have ten years from the date of the change to sell the former location. The aggregate amount of earnings from such real estate, rights or interests shall be separately disclosed in reports of the bank or trust company.
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(RSMo 1939 § 7951, A.L. 1967 p. 445, A.L. 1983 S.B. 331, A.L. 1995 S.B. 178, A.L. 2021 S.B. 106)
Prior revisions: 1929 § 5356; 1919 § 11739
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 362.165
What does Revised Statutes of Missouri § 362.165 cover?
Section 362.165 ("Restrictions on taking and holding real estate.") 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 § 362.165?
A common citation format is "Revised Statutes of Missouri § 362.165" (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 § 362.165 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.