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Missouri Revised Statutes Title XXIV. Business and Financial Institutions § 361.180. False report of corporation solvency

Current as of January 01, 2025 | Updated by Findlaw Staff

1. If the director, any deputy or examiner knowingly and wrongfully reports any corporation as solvent when it is insolvent or insolvent when it is solvent, any person injured thereby shall have a right of action on the official bond of such director, deputy or examiner for his injuries and damages sustained.

2. Such action shall be brought in the name of the state at the relation of the injured party.

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Cite this article: FindLaw.com - Missouri Revised Statutes Title XXIV. Business and Financial Institutions § 361.180. False report of corporation solvency - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-xxiv-business-and-financial-institutions/mo-rev-st-361-180/

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