Missouri § 369.338 - Cease and desist orders, period of supervision, when, procedure, duties of association — costs, how fixed and paid.
Full text of Missouri Revised Statutes of Missouri § 369.338 — Cease and desist orders, period of supervision, when, procedure, duties of association — costs, how fixed and paid., with citation guidance and answers to common questions.
§ 369.338. Cease and desist orders, period of supervision, when, procedure, duties of association — costs, how fixed and paid.
If, in connection with any cease and desist order issued pursuant to this chapter, the director of the division of finance requests the consent of the board of directors of the association to the placing of the association under supervisory control of the director, and a majority of such board affirmatively consents to such request, the director may appoint an examiner, deputy director, attorney or other employee of the division to supervise or monitor the operation of the association during the period of supervision to which consent has been given. During the period of supervision, the association, its directors, and officers shall act in accordance with such instructions and directions as may be given by the director through the director's supervisory agent and shall not act or fail to act except in compliance with such cease and desist order without the prior approval of such supervisory agent or the director. No director, officer, or employee shall incur any liability of any kind or to any person for so acting or for so failing to act. Costs incident to such supervision shall be fixed by the director and paid by the association pursuant to this chapter.
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(L. 1983 H.B. 570, A.L. 1994 H.B. 1165)
Effective 7-06-94
---- end of effective 06 Jul 1994 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 369.338
What does Revised Statutes of Missouri § 369.338 cover?
Section 369.338 ("Cease and desist orders, period of supervision, when, procedure, duties of association — costs, how fixed and paid.") 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 § 369.338?
A common citation format is "Revised Statutes of Missouri § 369.338" (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 § 369.338 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.