Missouri § 375.530 - Accounting among beneficiaries of foreign deposits.

Full text of Missouri Revised Statutes of Missouri § 375.530 — Accounting among beneficiaries of foreign deposits., with citation guidance and answers to common questions.

§ 375.530. Accounting among beneficiaries of foreign deposits.

If any company of this state shall, under the requirements of any law of another state or foreign government, have on deposit in such other state or foreign government securities upon which the citizens or residents of such state or government have, by virtue of its laws, a lien, claim or right, prior or superior to that of the citizens or residents of other states, then no citizen or resident of the state or country in which such deposit is held shall be entitled to share in the distribution of the proceeds of the deposits or other assets in this state, until the amount deposited in such other state or country shall be deducted from the claims of the persons who by the laws of such state or country hold such prior or superior lien, and until the other policy claimants and creditors of said company shall have received from the proceeds of deposits or other assets an equal percent upon their claims.

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(RSMo 1939 § 6049)

Prior revisions: 1929 § 5938; 1919 § 6346; 1909 § 7076

---- end of effective  28 Aug 1939 ----

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Effective dates prior to 1940 may not be the actual effective date. See FAQ 'When do laws become effective?'

Source: official Missouri text · Last verified 2026-08-27

Frequently Asked Questions About Missouri § 375.530

What does Revised Statutes of Missouri § 375.530 cover?

Section 375.530 ("Accounting among beneficiaries of foreign deposits.") 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 § 375.530?

A common citation format is "Revised Statutes of Missouri § 375.530" (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 § 375.530 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.