Title 470 · MO 470
to 447.595
Citation: Mo. Rev. Stat. § 447.500
Section: 447.500
447.500 to 447.595 . ÂÂ-------- (RSMo 1939 § 620, A.L. 2002 S.B. 1248) Prior revisions: 1929 § 620; 1919 § 5309; 1909 § 6256 Effective 6-19-02 (1951) Where, after closing of banks, plans were adopted resulting in transfer of part of assets and equal percent of liabilities to another bank and remainder to liquidating trustees, transfer to trustees was assignment for benefit of creditors under this section, so that unclaimed liquidating dividends in hands of trustees escheat. Jones v. Fidelity Nat. Bank & Trust Co., 362 Mo. 712, 243 S.W.2d 970. (1965) Words "leaving no heirs or representatives" mean "no known heirs", but state has burden of proof to show no known heirs. State ex rel. Henry v. Malhman (Mo.), 386 S.W.2d 1.
---- end of effectiveâ 19 Jun 2002 ---- use this link to bookmark section â470.010
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