Mo. Rev. Stat. ch. 370 – Credit Unions | Midpage370.005Definitions370.006Division of credit unions created — transfer — salary of director370.010Credit union, how organized370.020Certificate of organization, contents — membership shares, minimum, maximum par value370.030Bylaws, contents370.040Approval by director, certificate, provisional issuance, fee, examination370.050Change of business location — notice — approval required370.060Amendments to bylaws, effective when370.061Credit union commission, created, members, term, compensation — credit union representative defined370.062Duties370.063Appeals — rules — nonseverability clause370.070Powers of a credit union370.071Additional powers of a credit union — membership fee allowed, when370.072Safe deposit boxes, to have same rights, powers and duties as bank and trust companies370.073Fee or service charge authorized, when370.075Investment of credit union funds370.080Membership of credit union, membership shares not to be pledged as security for loans370.081Merger and consolidation of credit unions — additional member groups and geographic areas — appeals370.082Retroactive applicability370.085Membership shares, uses — valuation — withdrawal — redemption — dividends370.088Branches required to be located in geographic area of the credit union370.090Operation without having filed certificate of approval prohibited370.100Division director — powers — qualifications — examiners and assistants370.101Oath required, when — conflict of interest, when — administrative subpoena powers370.102Confidentiality oath required, exceptions — confidentiality of information370.107Annual fee — how computed — division of credit unions fund, created, uses — salary schedule of division employees to be maintained370.110Reports — when — penalty for late, inaccurate or incomplete370.120Annual examination or audit report, exception — subpoena power370.121Examination report to be sent to credit unions for corrections and suggestions before final — file to be maintained370.130Penalty for noncompliance370.140Director, cease and desist orders — grounds — hearing — procedure — review, temporary orders370.150Director may order suspension, possession, reorganization, merger, consolidation, liquidation — when, procedure370.151Reorganization — approval — procedure, failure — liquidation370.154Powers of receiver370.156Withdrawal applications voided, when370.157Director may remove officers, procedure370.158Court may approve or modify reorganization or merger plan370.160Fiscal year370.161Notice of intention to remove, contents, procedure370.162Appeal to circuit court, when370.163Suspension of director or officer permitted, when, procedure370.164Suspension, effect on board of directors, procedure370.165Effective date of notice of suspension370.170Meetings and special meetings, voting — proxies, when — action at meeting370.180Board of directors, committees — election — terms — oath370.190Directors to elect officers — duties established by board or bylaws370.200Duties of board — telephone or electronic participation at meetings370.210Compensation not allowed for board of directors — approval of other salaries required370.220Duties of credit committee — credit manager authorized, delegation of loan authority — appeal from decision — extension of credit, when370.230Powers and duties of supervisory committee370.235Employees handling funds of credit union to give surety bond370.240Capital of credit unions370.245Suspected fraudulent activity or financial exploitation, reporting of — trusted contact program, purpose, requirements370.250Lien on shares, share certificates, deposits, share draft and checking accounts — effect370.260Cancellation of shares — member to keep credit union informed of current address370.275Trust accounts, requirements — beneficiaries' rights — payment a discharge of liability, when — death of trust account owner, procedure370.283Minors may hold or release shares — subject to lien370.285Retirement accounts and pension funds, authority to serve as trustee370.287Jointly held shares, survival — effect of incapacity on joint tenancy — payment of shares, release and discharge of the credit union, when370.288Refusal to make payment from account, when, requirements — immunity from liability, when370.290Power to borrow money from any source370.300Loans, interest rate — charges — refunds to members370.310Limitations on loans — loans to directors and committee members, report required370.320Reserve fund required370.325Reserves, amounts required, waived when, procedure370.328Reserve fund distribution, when370.330Dividends, when declared — how paid370.340Expulsion and withdrawal of members — refunds370.350Dissolution of credit union, liquidation procedure, rulemaking authority370.351Credit unions may merge — directors to approve plan, procedure370.352Consolidation into new credit union — directors to approve plan370.353Submission of plan to meeting of members or shareholders — notice370.354Vote required for approval — director may approve, when370.355Certificate of merger or consolidation, issued when — copies, where filed370.356Shareholder may object to merger or consolidation, procedure — payment of value of shares370.357Effect of merger or consolidation370.358Foreign credit union may apply for certificate — transfer of domestic credit union to another state370.359Conversion from state to federal or federal to state credit union, procedure370.360Unauthorized use of words "credit union" a misdemeanor370.362Insurance required, contents — failure to obtain or maintain, effect — exceptions — limitations of insurers370.365Central credit union defined — how formed — fee, how determined370.366Central credit union conversion, consolidation or merger with bank or trust company, when, requirements370.390Foreign credit union may operate in state, requirements370.395State employees, deductions from compensation authorized, requirements370.400Credit union may act as custodian, when