Missouri § 362.945 - Definitions — examinations, cooperative and reciprocal agreements to make examinations, when.
Full text of Missouri Revised Statutes of Missouri § 362.945 — Definitions — examinations, cooperative and reciprocal agreements to make examinations, when., with citation guidance and answers to common questions.
§ 362.945. Definitions — examinations, cooperative and reciprocal agreements to make examinations, when.
1. As used in this section, unless the context clearly indicates otherwise, the following terms shall mean:
(1) "Affiliate", shall have the meaning given the term by section 23A of the Federal Reserve Act (12 U.S.C. section 371c), as amended;
(2) "Bank", any bank, trust company, or national banking association which accepts deposits and makes loans, and which has its principal banking house outside of the state of Missouri;
(3) "Bank holding company", any company which has control, as determined by the provisions of subdivision (4) of section 362.910, over any bank or over any company that is a bank holding company;
(4) "Engage in the banking business", a company shall be deemed to engage in the banking business if it accepts deposits and makes loans in Missouri.
2. In the event that any bank holding company or bank is permitted, by operation of federal or state law, to engage directly or through an affiliate in the banking business in this state, the director may enter into cooperative and reciprocal agreements with the Federal Reserve Bank or with the bank regulatory authorities of any state or states in which such bank holding company or bank is organized or based for the periodic examination of bank holding companies, banks, and affiliates affected, and may accept reports of examination and other exchanges of information from such authorities in lieu of conducting his own examinations and compiling his own reports, and may provide reports of examination and other information to such authorities. The director may enter into joint actions with other regulatory bodies having concurrent jurisdiction or may enter into such actions independently to carry out his responsibilities of assuring compliance with the laws of this state.
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(L. 1986 H.B. 1195)
Effective 5-15-86
---- end of effective 15 May 1986 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 362.945
What does Revised Statutes of Missouri § 362.945 cover?
Section 362.945 ("Definitions — examinations, cooperative and reciprocal agreements to make examinations, when.") 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 § 362.945?
A common citation format is "Revised Statutes of Missouri § 362.945" (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 § 362.945 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.