Title 483 · MO 483

Untitled section

Citation: Mo. Rev. Stat. § 30.270

Section: 30.270

30.270 . If a depositary banking institution deposits the bonds or securities with a trustee as above provided, and the clerk gives notice in writing to the trustee that there has been a breach of the depositary contract and makes demand in writing on the trustee for the securities, or any part thereof, then the trustee shall forthwith surrender to the clerk a sufficient amount of the securities as may fully protect the depositor from loss and the trustee shall thereby be discharged of all further responsibility in respect to the securities so surrendered. ­­-------- (L. 1957 p. 362 § 1, A.L. 1959 S.B. 28, A.L. 1978 H.B. 1634, A.L. 1996 S.B. 869) Effective 7-01-97

---- end of effective  01 Jul 1997 ---- use this link to bookmark section  483.312

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