Missouri Revised Statutes













Chapter 362

Banks and Trust Companies

←362.435

Section 362.440.1

362.445→

August 28, 2015

Licenses to foreign corporations--renewal.

362.440. 1. Upon receipt by the director from any foreign corporation of

an application in proper form for leave to do business in this state under

the provisions of this chapter, he or she shall, by such investigation as he

or she may deem necessary, satisfy himself or herself whether the applicant

may safely be permitted to do business in this state.



2. If from such investigation he or she shall be satisfied that it is

safe and expedient to grant such application and it shall have been shown to

his or her satisfaction that such applicant may be authorized to engage in

business in this state pursuant to the provisions of this chapter and has

complied with all the requirements of this chapter, he or she shall issue a

license under his or her hand and official seal authorizing such applicant to

carry on such business at the place designated in the license and, if such

license is for a limited time, specifying the date upon which it shall expire.



3. Such license shall be executed in triplicate and the director shall

transmit one copy to the applicant, file another in his or her own office and

file the third in the public records of the division of finance.



4. Whenever any such license is issued for one year or less, the

director may, at the expiration thereof, renew such license for one year.



(RSMo 1939 § 7891, A.L. 2000 S.B. 896)



Prior revisions: 1929 § 5297; 1919 § 11685







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