362.483. Safe deposit corporation may be granted a certificate of incorporation by director, when--purposes of corporation.
Safe deposit corporation may be granted a certificate ofincorporation by director, when--purposes of corporation.
362.483. 1. The director of finance may grant a certificateof incorporation for a safe deposit corporation, all of the stockof which will be held by a bank or trust company, in the mannerprovided for the incorporation of banks and trust companies insections 362.020 to 362.035.
2. Any such safe deposit corporation shall be incorporatedonly for the purpose of taking and receiving as bailee forsafekeeping and storage only, jewelry, plate, money, specie,bullion, stocks, bonds, securities and valuable papers of anykind, and other valuables, upon such terms and for suchcompensation as may be agreed upon; and letting out vaults, safesand other receptacles for the uses, purposes and benefits of suchcorporation.
(L. 1977 S.B. 420)