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Code · Missouri · Chapter 361

361.490. Deposit of moneys collected — preference.

81 words·~1 min read·/mo/chapter-361/361-490

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361.490. Deposit of moneys collected — preference. — The moneys collected by the director shall be from time to time deposited in one or more state banks or trust companies and, in case of the insolvency or voluntary or involuntary liquidation of the depositary, these deposits shall be entitled to priority of payment on an equality with any other priority given by this chapter.
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(RSMo 1939 § 7926, A.L. 1967 p. 445)
Prior revisions: 1929 § 5331; 1919 § 11714
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