Missouri Revised Statutes Title XXIV. Business and Financial Institutions § 370.283. Minors may hold or release shares--subject to lien

1. When shares are issued in the name of any minor, the same shall be held for the exclusive right and benefit of the minor, and free from the control or lien of all other persons, except creditors, and shall be paid, together with dividends thereon, to the person in whose name the shares shall have been issued, and the receipt or acquittance of the minor shall be a valid and sufficient release and discharge to the credit union for the share or any part thereof. To the shares issued in joint tenancy in the name of any minor, all provisions of section 370.287 shall apply.

2. The credit union may require that the minor's parent, guardian, or other person responsible for the minor be a joint owner of the minor's account.

3. Shares on deposit held in the name of a minor are subject to the credit union's lien under section 370.250 and any consensual lien on pledge of shares, which may not be avoided due to the minor's status. The credit union may pay funds to a conservator appointed under section 475.045 and thereby discharge its liability to the minor for the shares. Accounts opened under the Missouri transfers  1 to minors law, sections 404.005 to 404.094, shall be governed by that law.