Missouri § 369.695 - Powers of savings bank — taxed, how.
Full text of Missouri Revised Statutes of Missouri § 369.695 — Powers of savings bank — taxed, how., with citation guidance and answers to common questions.
§ 369.695. Powers of savings bank — taxed, how.
1. The powers of a savings bank shall be limited to those of a bank or trust company pursuant to chapter 362. Where such powers may be exercised only upon obtaining the approval of the director, the procedures and standards in chapter 362 shall be used in determining whether a savings bank shall be permitted to exercise such powers and the savings bank shall be treated for such purposes as if it were a bank. Any appeal from a decision on such an application shall be handled as if it were an appeal by a bank pursuant to chapter 362.
2. Except where expressly stated otherwise in sections 369.670 to 369.714, a savings bank shall be subject to the provisions of this chapter pertaining to the organization, operation, examination, assessment, reorganization, conversion, merger and liquidation of associations to the same extent as if it were an association. Sections 369.019, 369.024 and 369.034 shall not apply to the incorporation of a savings bank.
3. For purposes of sections 148.610 to 148.710, a savings bank shall be taxed as if it were a savings and loan association.
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(L. 1997 H.B. 257 § 369.425)
---- end of effective 28 Aug 1997 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 369.695
What does Revised Statutes of Missouri § 369.695 cover?
Section 369.695 ("Powers of savings bank — taxed, how.") 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 § 369.695?
A common citation format is "Revised Statutes of Missouri § 369.695" (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 § 369.695 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.