Commercial banking, engagement in prohibited.
Mo. Rev. Stat. § 362.1065
in effect362.1065. Commercial banking, engagement in prohibited. — Notwithstanding any other provision of sections 362.1010 to 362.1117 , no family trust company shall engage in commercial banking. However, a family trust company may establish accounts at financial institutions for its own purposes or on behalf of family members to whom it provides services under sections 362.1010 to 362.1117 .
(L. 2017 H.B. 292)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=362.1065Fetched: 10/17/2026
