| 12 | | - | SectionA.Sections130.011,130.021,130.031,130.036,130.041,361.909,362.020, |
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| 13 | | - | 2362.247,362.275,362.295,362.490,427.300,and447.200,RSMo,arerepealedandsixteen |
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| 14 | | - | 3newsectionsenactedinlieuthereof,tobeknownassections130.011,130.021,130.031, |
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| 15 | | - | 4130.036,130.041,361.909,362.020,362.247,362.275,362.295,362.424,362.490,370.245, |
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| 16 | | - | 5425.310,427.300,and570.148,toreadasfollows: |
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| 17 | | - | 130.011.Asusedinthischapter,unlessthecontextclearlyindicatesotherwise,the |
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| 18 | | - | 2followingtermsmean: |
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| 19 | | - | 3 (1)"Appropriateofficer"or"appropriateofficers",thepersonorpersonsdesignated |
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| 20 | | - | 4insection130.026toreceivecertainrequiredstatementsandreports; |
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| 21 | | - | 5 (2)"Ballotmeasure"or"measure",anyproposalsubmittedorintendedtobe |
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| 22 | | - | 6submittedtoqualifiedvotersfortheirapprovalorrejection,includinganyproposalsubmitted |
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| 23 | | - | 7byinitiativepetition,referendumpetition,orbythegeneralassemblyoranylocal |
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| 24 | | - | 8governmentalbodyhavingauthoritytoreferproposalstothevoter; |
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| 25 | | - | 9 (3)"Candidate",anindividualwhoseeksnominationorelectiontopublicoffice.The |
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| 26 | | - | 10term"candidate"includesanelectedofficeholderwhoisthesubjectofarecallelection,an |
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| 27 | | - | 11individualwhoseeksnominationbytheindividual'spoliticalpartyforelectiontopublic |
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| 28 | | - | 12office,anindividualstandingforretentioninanelectiontoanofficetowhichtheindividual |
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| 29 | | - | EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis |
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| 30 | | - | intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 13waspreviouslyappointed,anindividualwhoseeksnominationorelectionwhetherornotthe |
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| 31 | | - | 14specificelectivepublicofficetobesoughthasbeenfinallydeterminedbysuchindividualat |
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| 32 | | - | 15thetimetheindividualmeetstheconditionsdescribedinparagraph(a)or(b)ofthis |
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| 33 | | - | 16subdivision,andanindividualwhoisawrite-incandidateasdefinedinsubdivision(28)of |
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| 34 | | - | 17thissection.Acandidateshallbedeemedtoseeknominationorelectionwhentheperson |
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| 35 | | - | 18first: |
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| 36 | | - | 19 (a)Receivescontributionsormakesexpendituresorreservesspaceorfacilitieswith |
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| 37 | | - | 20intenttopromotetheperson'scandidacyforoffice;or |
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| 38 | | - | 21 (b)Knowsorhasreasontoknowthatcontributionsarebeingreceivedor |
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| 39 | | - | 22expendituresarebeingmadeorspaceorfacilitiesarebeingreservedwiththeintentto |
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| 40 | | - | 23promotetheperson'scandidacyforoffice;exceptthat,suchindividualshallnotbedeemeda |
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| 41 | | - | 24candidateifthepersonfilesastatementwiththeappropriateofficerwithinfivedaysafter |
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| 42 | | - | 25learningofthereceiptofcontributions,themakingofexpenditures,orthereservationof |
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| 43 | | - | 26spaceorfacilitiesdisavowingthecandidacyandstatingthatthepersonwillnotaccept |
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| 44 | | - | 27nominationortakeofficeifelected;providedthat,iftheelectionatwhichsuchindividualis |
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| 45 | | - | 28supportedasacandidateistotakeplacewithinfivedaysaftertheperson'slearningofthe |
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| 46 | | - | 29above-specifiedactivities,theindividualshallfilethestatementdisavowingthecandidacy |
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| 47 | | - | 30withinoneday;or |
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| 48 | | - | 31 (c)Announcesorfilesadeclarationofcandidacyforoffice; |
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| 49 | | - | 32 (4)"Cash",currency,coin,UnitedStatespostagestamps,oranynegotiable |
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| 50 | | - | 33instrumentwhichcanbetransferredfromonepersontoanotherpersonwithoutthesignature |
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| 51 | | - | 34orendorsementofthetransferor; |
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| 52 | | - | 35 (5)"Check",acheckdrawnonastateorfederalbank,oradraftonanegotiableorder |
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| 53 | | - | 36ofwithdrawalaccountinasavingsandloanassociationorasharedraftaccountinacredit |
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| 54 | | - | 37union; |
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| 55 | | - | 38 (6)"Closingdate",thedatethroughwhichastatementorreportisrequiredtobe |
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| 56 | | - | 39complete; |
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| 57 | | - | 40 (7)"Committee",apersonoranycombinationofpersons,whoacceptscontributions |
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| 58 | | - | 41ormakesexpendituresfortheprimaryorincidentalpurposeofinfluencingorattemptingto |
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| 59 | | - | 42influencetheactionofvotersfororagainstthenominationorelectiontopublicofficeofone |
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| 60 | | - | 43ormorecandidatesorthequalification,passageordefeatofanyballotmeasureorforthe |
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| 61 | | - | 44purposeofpayingapreviouslyincurredcampaigndebtorobligationofacandidateorthe |
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| 62 | | - | 45debtsorobligationsofacommitteeorforthepurposeofcontributingfundstoanother |
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| 63 | | - | 46committee: |
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| 64 | | - | 47 (a)"Committee",doesnotinclude: |
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| 65 | | - | 48 a.Apersonorcombinationofpersons,ifneithertheaggregateofexpendituresmade |
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| 66 | | - | 49northeaggregateofcontributionsreceivedduringacalendaryearexceedsfivehundred |
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| 67 | | - | HB707 2 50dollarsandifnosinglecontributorhascontributedmorethantwohundredfiftydollarsof |
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| 68 | | - | 51suchaggregatecontributions; |
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| 69 | | - | 52 b.Anindividual,otherthanacandidate,whoacceptsnocontributionsandwhodeals |
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| 70 | | - | 53onlywiththeindividual'sownfundsorproperty; |
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| 71 | | - | 54 c.Acorporation,cooperativeassociation,partnership,proprietorship,orjointventure |
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| 72 | | - | 55organizedoroperatedforaprimaryorprincipalpurposeotherthanthatofinfluencingor |
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| 73 | | - | 56attemptingtoinfluencetheactionofvotersfororagainstthenominationorelectiontopublic |
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| 74 | | - | 57officeofoneormorecandidatesorthequalification,passageordefeatofanyballotmeasure, |
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| 75 | | - | 58anditacceptsnocontributions,andallexpendituresitmakesarefromitsownfundsor |
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| 76 | | - | 59propertyobtainedintheusualcourseofbusinessorinanycommercialorothertransaction |
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| 77 | | - | 60andwhicharenotcontributionsasdefinedbysubdivision(12)ofthissection; |
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| 78 | | - | 61 d.Alabororganizationorganizedoroperatedforaprimaryorprincipalpurposeother |
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| 79 | | - | 62thanthatofinfluencingorattemptingtoinfluencetheactionofvotersfororagainstthe |
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| 80 | | - | 63nominationorelectiontopublicofficeofoneormorecandidates,orthequalification, |
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| 81 | | - | 64passage,ordefeatofanyballotmeasure,anditacceptsnocontributions,andexpenditures |
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| 82 | | - | 65madebytheorganizationarefromitsownfundsorpropertyreceivedfrommembershipdues |
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| 83 | | - | 66ormembershipfeeswhichweregivenorsolicitedforthepurposeofsupportingthenormal |
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| 84 | | - | 67andusualactivitiesandfunctionsoftheorganizationandwhicharenotcontributionsas |
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| 85 | | - | 68definedbysubdivision(12)ofthissection; |
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| 86 | | - | 69 e.Apersonwhoactsasanauthorizedagentforacommitteeinsolicitingorreceiving |
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| 87 | | - | 70contributionsorinmakingexpendituresorincurringindebtednessonbehalfofthecommittee |
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| 88 | | - | 71ifsuchpersonrenderstothecommitteetreasurerordeputytreasurerorcandidate,if |
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| 89 | | - | 72applicable,anaccurateaccountofeachreceiptorothertransactioninthedetailrequiredby |
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| 90 | | - | 73thetreasurertocomplywithallrecord-keepingandreportingrequirementsofthischapter; |
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| 91 | | - | 74 f.Anydepartment,agency,board,institutionorotherentityofthestateoranyofits |
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| 92 | | - | 75subdivisionsoranyofficeroremployeethereof,actingintheperson'sofficialcapacity; |
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| 93 | | - | 76 (b)Theterm"committee"includes,butisnotlimitedto,eachofthefollowing |
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| 94 | | - | 77committees:campaigncommittee,candidatecommittee,continuingcommitteeandpolitical |
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| 95 | | - | 78partycommittee; |
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| 96 | | - | 79 (8)"Campaigncommittee",acommittee,otherthanacandidatecommittee,which |
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| 97 | | - | 80shallbeformedbyanindividualorgroupofindividualstoreceivecontributionsormake |
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| 98 | | - | 81expendituresandwhosesolepurposeistosupportoropposethequalificationandpassageof |
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| 99 | | - | 82oneormoreparticularballotmeasuresinanelectionortheretentionofjudgesunderthe |
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| 100 | | - | 83nonpartisancourtplan,suchcommitteeshallbeformednolaterthanthirtydayspriortothe |
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| 101 | | - | 84electionforwhichthecommitteereceivescontributionsormakesexpenditures,andwhich |
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| 102 | | - | 85shallterminatethelaterofeitherthirtydaysafterthegeneralelectionoruponthesatisfaction |
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| 103 | | - | HB707 3 86ofallcommitteedebtafterthegeneralelection,exceptthatnocommitteeretiringdebtshall |
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| 104 | | - | 87engageinanyotheractivitiesinsupportofameasureforwhichthecommitteewasformed; |
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| 105 | | - | 88 (9)"Candidatecommittee",acommitteewhichshallbeformedbyacandidateto |
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| 106 | | - | 89receivecontributionsormakeexpendituresinbehalfoftheperson'scandidacyandwhich |
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| 107 | | - | 90shallcontinueinexistenceforusebyanelectedcandidateorwhichshallterminatethelaterof |
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| 108 | | - | 91eitherthirtydaysafterthegeneralelectionforacandidatewhowasnotelectedoruponthe |
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| 109 | | - | 92satisfactionofallcommitteedebtaftertheelection,exceptthatnocommitteeretiringdebt |
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| 110 | | - | 93shallengageinanyotheractivitiesinsupportofthecandidateforwhichthecommitteewas |
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| 111 | | - | 94formed.Anycandidateforelectiveofficeshallhaveonlyonecandidatecommitteeforthe |
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| 112 | | - | 95electiveofficesought,whichiscontrolleddirectlybythecandidateforthepurposeofmaking |
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| 113 | | - | 96expenditures.Acandidatecommitteeispresumedtobeunderthecontrolanddirectionofthe |
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| 114 | | - | 97candidateunlessthecandidatefilesanaffidavitwiththeappropriateofficerstatingthatthe |
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| 115 | | - | 98committeeisactingwithoutcontrolordirectiononthecandidate'spart; |
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| 116 | | - | 99 (10)"Continuingcommittee",acommitteeofcontinuingexistencewhichisnot |
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| 117 | | - | 100formed,controlledordirectedbyacandidate,andisacommitteeotherthanacandidate |
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| 118 | | - | 101committeeorcampaigncommittee,whoseprimaryorincidentalpurposeistoreceive |
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| 119 | | - | 102contributionsormakeexpenditurestoinfluenceorattempttoinfluencetheactionofvoters |
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| 120 | | - | 103whetherornotaparticularcandidateorcandidatesoraparticularballotmeasureormeasures |
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| 121 | | - | 104tobesupportedoropposedhasbeendeterminedatthetimethecommitteeisrequiredtofile |
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| 122 | | - | 105anystatementorreportpursuanttotheprovisionsofthischapter."Continuingcommittee" |
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| 123 | | - | 106includes,butisnotlimitedto,anycommitteeorganizedorsponsoredbyabusinessentity,a |
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| 124 | | - | 107labororganization,aprofessionalassociation,atradeorbusinessassociation,acluborother |
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| 125 | | - | 108organizationandwhoseprimarypurposeistosolicit,acceptandusecontributionsfromthe |
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| 126 | | - | 109members,employeesorstockholdersofsuchentityandanyindividualorgroupofindividuals |
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| 127 | | - | 110whoacceptandusecontributionstoinfluenceorattempttoinfluencetheactionofvoters. |
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| 128 | | - | 111Suchcommitteeshallbeformednolaterthansixtydayspriortotheelectionforwhichthe |
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| 129 | | - | 112committeereceivescontributionsormakesexpenditures; |
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| 130 | | - | 113 (11)"Connectedorganization",anyorganizationsuchasacorporation,alabor |
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| 131 | | - | 114organization,amembershiporganization,acooperative,ortradeorprofessionalassociation |
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| 132 | | - | 115whichexpendsfundsorprovidesservicesorfacilitiestoestablish,administerormaintaina |
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| 133 | | - | 116committeeortosolicitcontributionstoacommitteefromitsmembers,officers,directors, |
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| 134 | | - | 117employeesorsecurityholders.Anorganizationshallbedeemedtobetheconnected |
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| 135 | | - | 118organizationifmorethanfiftypercentofthepersonsmakingcontributionstothecommittee |
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| 136 | | - | 119duringthecurrentcalendaryeararemembers,officers,directors,employeesorsecurity |
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| 137 | | - | 120holdersofsuchorganizationortheirspouses; |
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| 138 | | - | 121 (12)"Contribution",apayment,gift,loan,advance,deposit,ordonationofmoneyor |
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| 139 | | - | 122anythingofvalueforthepurposeofsupportingoropposingthenominationorelectionofany |
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| 140 | | - | HB707 4 123candidateforpublicofficeorthequalification,passageordefeatofanyballotmeasure,orfor |
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| 141 | | - | 124thesupportofanycommitteesupportingoropposingcandidatesorballotmeasuresorfor |
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| 142 | | - | 125payingdebtsorobligationsofanycandidateorcommitteepreviouslyincurredfortheabove |
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| 143 | | - | 126purposes.Acontributionofanythingofvalueshallbedeemedtohaveamoneyvalue |
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| 144 | | - | 127equivalenttothefairmarketvalue."Contribution"includes,butisnotlimitedto: |
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| 145 | | - | 128 (a)Acandidate'sownmoneyorpropertyusedinsupportoftheperson'scandidacy |
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| 146 | | - | 129otherthanexpenseofthecandidate'sfood,lodging,travel,andpaymentofanyfeenecessary |
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| 147 | | - | 130tothefilingforpublicoffice; |
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| 148 | | - | 131 (b)Paymentbyanyperson,otherthanacandidateorcommittee,tocompensate |
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| 149 | | - | 132anotherpersonforservicesrenderedtothatcandidateorcommittee; |
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| 150 | | - | 133 (c)Receiptsfromthesaleofgoodsandservices,includingthesaleofadvertising |
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| 151 | | - | 134spaceinabrochure,booklet,programorpamphletofacandidateorcommitteeandthesaleof |
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| 152 | | - | 135ticketsorpoliticalmerchandise; |
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| 153 | | - | 136 (d)Receiptsfromfund-raisingeventsincludingtestimonialaffairs; |
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| 154 | | - | 137 (e)Anyloan,guaranteeofaloan,cancellationorforgivenessofaloanordebtor |
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| 155 | | - | 138otherobligationbyathirdparty,orpaymentofaloanordebtorotherobligationbyathird |
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| 156 | | - | 139partyiftheloanordebtorotherobligationwascontracted,used,orintended,inwholeorin |
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| 157 | | - | 140part,foruseinanelectioncampaignorusedorintendedforthepaymentofsuchdebtsor |
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| 158 | | - | 141obligationsofacandidateorcommitteepreviouslyincurred,orwhichwasmadeorreceived |
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| 159 | | - | 142byacommittee; |
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| 160 | | - | 143 (f)Fundsreceivedbyacommitteewhicharetransferredtosuchcommitteefrom |
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| 161 | | - | 144anothercommitteeorothersource,exceptfundsreceivedbyacandidatecommitteeasa |
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| 162 | | - | 145transferoffundsfromanothercandidatecommitteecontrolledbythesamecandidatebutsuch |
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| 163 | | - | 146transfershallbeincludedinthedisclosurereports; |
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| 164 | | - | 147 (g)Facilities,officespaceorequipmentsuppliedbyanypersontoacandidateor |
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| 165 | | - | 148committeewithoutchargeoratreducedcharges,exceptgratuitousspaceformeeting |
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| 166 | | - | 149purposeswhichismadeavailableregularlytothepublic,includingothercandidatesor |
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| 167 | | - | 150committees,onanequalbasisforsimilarpurposesonthesameconditions; |
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| 168 | | - | 151 (h)Thedirectorindirectpaymentbyanyperson,otherthanaconnectedorganization, |
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| 169 | | - | 152ofthecostsofestablishing,administering,ormaintainingacommittee,includinglegal, |
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| 170 | | - | 153accountingandcomputerservices,fundraisingandsolicitationofcontributionsfora |
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| 171 | | - | 154committee; |
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| 172 | | - | 155 (i)"Contribution"doesnotinclude: |
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| 173 | | - | 156 a.Ordinaryhomehospitalityorservicesprovidedwithoutcompensationby |
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| 174 | | - | 157individualsvolunteeringtheirtimeinsupportoforinoppositiontoacandidate,committeeor |
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| 175 | | - | 158ballotmeasure,northenecessaryandordinarypersonalexpensesofsuchvolunteers |
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| 176 | | - | HB707 5 159incidentaltotheperformanceofvoluntaryactivities,solongasnocompensationisdirectlyor |
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| 177 | | - | 160indirectlyaskedorgiven; |
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| 178 | | - | 161 b.Anofferortenderofacontributionwhichisexpresslyandunconditionallyrejected |
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| 179 | | - | 162andreturnedtothedonorwithintenbusinessdaysafterreceiptortransmittedtothestate |
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| 180 | | - | 163treasurer; |
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| 181 | | - | 164 c.Interestearnedondepositofcommitteefunds; |
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| 182 | | - | 165 d.Thecostsincurredbyanyconnectedorganizationlistedpursuanttosubdivision(4) |
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| 183 | | - | 166ofsubsection5ofsection130.021forestablishing,administeringormaintainingacommittee, |
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| 184 | | - | 167orforthesolicitationofcontributionstoacommitteewhichsolicitationissolelydirectedor |
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| 185 | | - | 168relatedtothemembers,officers,directors,employeesorsecurityholdersoftheconnected |
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| 186 | | - | 169organization; |
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| 187 | | - | 170 (13)"County",anyoneoftheseveralcountiesofthisstateorthecityofSt.Louis; |
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| 188 | | - | 171 (14)"Disclosurereport",anitemizedreportofreceipts,expendituresandincurred |
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| 189 | | - | 172indebtednesswhichispreparedonformsapprovedbytheMissouriethicscommissionand |
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| 190 | | - | 173filedatthetimesandplacesprescribed; |
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| 191 | | - | 174 (15)"Election",anyprimary,generalorspecialelectionheldtonominateorelectan |
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| 192 | | - | 175individualtopublicoffice,toretainorrecallanelectedofficeholderortosubmitaballot |
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| 193 | | - | 176measuretothevoters,andanycaucusorothermeetingofapoliticalpartyorapoliticalparty |
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| 194 | | - | 177committeeatwhichthatparty'scandidateorcandidatesforpublicofficeareofficially |
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| 195 | | - | 178selected.Aprimaryelectionandthesucceedinggeneralelectionshallbeconsideredseparate |
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| 196 | | - | 179elections; |
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| 197 | | - | 180 (16)"Electronicmeans",anyinstrument,device,orservicethatfacilitatesan |
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| 198 | | - | 181electronicwithdrawaloffundsfromabankaccountincluding,butnotlimitedto,credit |
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| 199 | | - | 182cards,debitcards,andthepresentationofacreditordebitcardaccountnumber; |
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| 200 | | - | 183 (17)"Expenditure",apayment,advance,conveyance,deposit,donationor |
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| 201 | | - | 184contributionofmoneyoranythingofvalueforthepurposeofsupportingoropposingthe |
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| 202 | | - | 185nominationorelectionofanycandidateforpublicofficeorthequalificationorpassageofany |
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| 203 | | - | 186ballotmeasureorforthesupportofanycommitteewhichinturnsupportsoropposesany |
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| 204 | | - | 187candidateorballotmeasureorforthepurposeofpayingapreviouslyincurredcampaigndebt |
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| 205 | | - | 188orobligationofacandidateorthedebtsorobligationsofacommittee;apayment,oran |
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| 206 | | - | 189agreementorpromisetopay,moneyoranythingofvalue,includingacandidate'sownmoney |
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| 207 | | - | 190orproperty,forthepurchaseofgoods,services,property,facilitiesoranythingofvaluefor |
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| 208 | | - | 191thepurposeofsupportingoropposingthenominationorelectionofanycandidateforpublic |
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| 209 | | - | 192officeorthequalificationorpassageofanyballotmeasureorforthesupportofany |
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| 210 | | - | 193committeewhichinturnsupportsoropposesanycandidateorballotmeasureorforthe |
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| 211 | | - | 194purposeofpayingapreviouslyincurredcampaigndebtorobligationofacandidateorthe |
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| 212 | | - | 195debtsorobligationsofacommittee.Anexpenditureofanythingofvalueshallbedeemedto |
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| 213 | | - | HB707 6 196haveamoneyvalueequivalenttothefairmarketvalue."Expenditure"includes,butisnot |
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| 214 | | - | 197limitedto: |
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| 215 | | - | 198 (a)Paymentbyanyoneotherthanacommitteeforservicesofanotherperson |
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| 216 | | - | 199renderedtosuchcommittee; |
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| 217 | | - | 200 (b)Thepurchaseoftickets,goods,servicesorpoliticalmerchandiseinconnection |
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| 218 | | - | 201withanytestimonialaffairorfund-raisingeventoforforcandidatesorcommittees,orthe |
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| 219 | | - | 202purchaseofadvertisinginabrochure,booklet,programorpamphletofacandidateor |
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| 220 | | - | 203committee; |
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| 221 | | - | 204 (c)Thetransferoffundsbyonecommitteetoanothercommittee; |
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| 222 | | - | 205 (d)Thedirectorindirectpaymentbyanyperson,otherthanaconnectedorganization |
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| 223 | | - | 206foracommittee,ofthecostsofestablishing,administeringormaintainingacommittee, |
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| 224 | | - | 207includinglegal,accountingandcomputerservices,fundraisingandsolicitationof |
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| 225 | | - | 208contributionsforacommittee;but |
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| 226 | | - | 209 (e)"Expenditure"doesnotinclude: |
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| 227 | | - | 210 a.Anynewsstory,commentaryoreditorialwhichisbroadcastorpublishedbyany |
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| 228 | | - | 211broadcastingstation,newspaper,magazineorotherperiodicalwithoutchargetothecandidate |
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| 229 | | - | 212ortoanypersonsupportingoropposingacandidateorballotmeasure; |
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| 230 | | - | 213 b.Theinternaldisseminationbyanymembershiporganization,proprietorship,labor |
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| 231 | | - | 214organization,corporation,associationorotherentityofinformationadvocatingtheelectionor |
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| 232 | | - | 215defeatofacandidateorcandidatesorthepassageordefeatofaballotmeasureormeasuresto |
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| 233 | | - | 216itsdirectors,officers,members,employeesorsecurityholders,providedthatthecostincurred |
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| 234 | | - | 217isreportedpursuanttosubsection2ofsection130.051; |
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| 235 | | - | 218 c.Repaymentofaloan,butsuchrepaymentshallbeindicatedinrequiredreports; |
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| 236 | | - | 219 d.Therenderingofvoluntarypersonalservicesbyanindividualofthesort |
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| 237 | | - | 220commonlyperformedbyvolunteercampaignworkersandthepaymentbysuchindividualof |
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| 238 | | - | 221theindividual'snecessaryandordinarypersonalexpensesincidentaltosuchvolunteer |
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| 239 | | - | 222activity,providednocompensationis,directlyorindirectly,askedorgiven; |
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| 240 | | - | 223 e.Thecostsincurredbyanyconnectedorganizationlistedpursuanttosubdivision(4) |
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| 241 | | - | 224ofsubsection5ofsection130.021forestablishing,administeringormaintainingacommittee, |
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| 242 | | - | 225orforthesolicitationofcontributionstoacommitteewhichsolicitationissolelydirectedor |
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| 243 | | - | 226relatedtothemembers,officers,directors,employeesorsecurityholdersoftheconnected |
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| 244 | | - | 227organization; |
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| 245 | | - | 228 f.Theuseofacandidate'sownmoneyorpropertyforexpenseofthecandidate's |
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| 246 | | - | 229personalfood,lodging,travel,andpaymentofanyfeenecessarytothefilingforpublicoffice, |
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| 247 | | - | 230ifsuchexpenseisnotreimbursedtothecandidatefromanysource; |
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| 248 | | - | 231 [(17)] (18)"Exploratorycommittees",acommitteewhichshallbeformedbyan |
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| 249 | | - | 232individualtoreceivecontributionsandmakeexpendituresonbehalfofthisindividualin |
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| 250 | | - | HB707 7 233determiningwhetherornottheindividualseekselectiveoffice.Suchcommitteeshall |
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| 251 | | - | 234terminatenolaterthanDecemberthirty-firstoftheyearpriortothegeneralelectionforthe |
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| 252 | | - | 235possibleoffice; |
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| 253 | | - | 236 [(18)] (19)"Fund-raisingevent",aneventsuchasadinner,luncheon,reception, |
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| 254 | | - | 237coffee,testimonial,rally,auctionorsimilaraffairthroughwhichcontributionsaresolicitedor |
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| 255 | | - | 238receivedbysuchmeansasthepurchaseoftickets,paymentofattendancefees,donationsfor |
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| 256 | | - | 239prizesorthroughthepurchaseofgoods,servicesorpoliticalmerchandise; |
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| 257 | | - | 240 [(19)] (20)"In-kindcontribution"or"in-kindexpenditure",acontributionor |
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| 258 | | - | 241expenditureinaformotherthanmoney; |
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| 259 | | - | 242 [(20)] (21)"Labororganization",anyorganizationofanykind,oranyagencyor |
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| 260 | | - | 243employeerepresentationcommitteeorplan,inwhichemployeesparticipateandwhichexists |
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| 261 | | - | 244forthepurpose,inwholeorinpart,ofdealingwithemployersconcerninggrievances,labor |
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| 262 | | - | 245disputes,wages,ratesofpay,hoursofemployment,orconditionsofwork; |
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| 263 | | - | 246 [(21)] (22)"Loan",atransferofmoney,propertyoranythingofascertainable |
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| 264 | | - | 247monetaryvalueinexchangeforanobligation,conditionalornot,torepayinwholeorinpart |
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| 265 | | - | 248andwhichwascontracted,used,orintendedforuseinanelectioncampaign,orwhichwas |
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| 266 | | - | 249madeorreceivedbyacommitteeorwhichwascontracted,used,orintendedtopay |
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| 267 | | - | 250previouslyincurredcampaigndebtsorobligationsofacandidateorthedebtsorobligationsof |
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| 268 | | - | 251acommittee; |
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| 269 | | - | 252 [(22)] (23)"Person",anindividual,groupofindividuals,corporation,partnership, |
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| 270 | | - | 253committee,proprietorship,jointventure,anydepartment,agency,board,institutionorother |
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| 271 | | - | 254entityofthestateoranyofitspoliticalsubdivisions,union,labororganization,tradeor |
|---|
| 272 | | - | 255professionalorbusinessassociation,association,politicalpartyoranyexecutivecommittee |
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| 273 | | - | 256thereof,oranyotherclubororganizationhoweverconstitutedoranyofficeroremployeeof |
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| 274 | | - | 257suchentityactingintheperson'sofficialcapacity; |
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| 275 | | - | 258 [(23)] (24)"Politicalmerchandise",goodssuchasbumperstickers,pins,hats,ties, |
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| 276 | | - | 259jewelry,literature,orotheritemssoldordistributedatafund-raisingeventortothegeneral |
|---|
| 277 | | - | 260publicforpublicityorforthepurposeofraisingfundstobeusedinsupportingoropposinga |
|---|
| 278 | | - | 261candidatefornominationorelectionorinsupportingoropposingthequalification,passageor |
|---|
| 279 | | - | 262defeatofaballotmeasure; |
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| 280 | | - | 263 [(24)] (25)"Politicalparty",apoliticalpartywhichhastherightunderlawtohavethe |
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| 281 | | - | 264namesofitscandidateslistedontheballotinageneralelection; |
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| 282 | | - | 265 [(25)] (26)"Politicalpartycommittee",astate,district,county,city,orarea |
|---|
| 283 | | - | 266committeeofapoliticalparty,asdefinedinsection115.603,whichmaybeorganizedasa |
|---|
| 284 | | - | 267not-for-profitcorporationunderMissourilaw,andwhichcommitteeisofcontinuing |
|---|
| 285 | | - | 268existence,andhastheprimaryorincidentalpurposeofreceivingcontributionsandmaking |
|---|
| 286 | | - | HB707 8 269expenditurestoinfluenceorattempttoinfluencetheactionofvotersonbehalfofthepolitical |
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| 287 | | - | 270party; |
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| 288 | | - | 271 [(26)] (27)"Publicoffice"or"office",anystate,judicial,county,municipal,schoolor |
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| 289 | | - | 272otherdistrict,ward,township,orotherpoliticalsubdivisionofficeoranypoliticalpartyoffice |
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| 290 | | - | 273whichisfilledbyavoteofregisteredvoters; |
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| 291 | | - | 274 [(27)] (28)"Regularsession",includesthatperiodbeginningonthefirstWednesday |
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| 292 | | - | 275afterthefirstMondayinJanuaryandendingfollowingthefirstFridayafterthesecond |
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| 293 | | - | 276MondayinMay; |
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| 294 | | - | 277 [(28)] (29)"Write-incandidate",anindividualwhosenameisnotprintedonthe |
|---|
| 295 | | - | 278ballotbutwhootherwisemeetsthedefinitionofcandidateinsubdivision(3)ofthissection. |
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| 296 | | - | 130.021.1.Everycommitteeshallhaveatreasurerwho,exceptasprovidedin |
|---|
| 297 | | - | 2subsection10ofthissection,shallbearesidentofthisstateandresideinthedistrictorcounty |
|---|
| 298 | | - | 3inwhichthecommitteesits.Acommitteemayalsohaveadeputytreasurerwho,exceptas |
|---|
| 299 | | - | 4providedinsubsection10ofthissection,shallbearesidentofthisstateandresideinthe |
|---|
| 300 | | - | 5districtorcountyinwhichthecommitteesits,toserveinthecapacityofcommitteetreasurer |
|---|
| 301 | | - | 6intheeventthecommitteetreasurerisunableforanyreasontoperformthetreasurer'sduties. |
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| 302 | | - | 7 2.Everycandidateforofficeslistedinsubsection1ofsection130.016whohasnot |
|---|
| 303 | | - | 8filedastatementofexemptionpursuanttothatsubsectionandeverycandidateforoffices |
|---|
| 304 | | - | 9listedinsubsection6ofsection130.016whoisnotexcludedfromfilingastatementof |
|---|
| 305 | | - | 10organizationanddisclosurereportspursuanttosubsection6ofsection130.016shallforma |
|---|
| 306 | | - | 11candidatecommitteeandappointatreasurer.Thereafter,allcontributionsonhandandall |
|---|
| 307 | | - | 12furthercontributionsreceivedbysuchcandidateandanyofthecandidate'sownfundstobe |
|---|
| 308 | | - | 13usedinsupportoftheperson'scandidacyshallbedepositedinacandidatecommittee |
|---|
| 309 | | - | 14depositoryaccountestablishedpursuanttotheprovisionsofsubsection4ofthissection,and |
|---|
| 310 | | - | 15allexpendituresshallbemadethroughthecandidate,treasurerordeputytreasurerofthe |
|---|
| 311 | | - | 16person'scandidatecommittee.Nothinginthischaptershallpreventacandidatefrom |
|---|
| 312 | | - | 17appointinghimselforherselfasacommitteeofoneandservingastheperson'sowntreasurer, |
|---|
| 313 | | - | 18maintainingthecandidate'sownrecordsandfilingallthereportsandstatementsrequiredto |
|---|
| 314 | | - | 19befiledbythetreasurerofacandidatecommittee. |
|---|
| 315 | | - | 20 3.Acandidatewhohasmorethanonecandidatecommitteesupportingtheperson's |
|---|
| 316 | | - | 21candidacyshalldesignateoneofthosecandidatecommitteesasthecommitteeresponsiblefor |
|---|
| 317 | | - | 22consolidatingtheaggregatecontributionstoallsuchcommitteesunderthecandidate'scontrol |
|---|
| 318 | | - | 23anddirectionasrequiredbysection130.041. |
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| 319 | | - | 24 4.(1)Everycommitteeshallhaveasingleofficialfunddepositorywithinthisstate |
|---|
| 320 | | - | 25whichshallbeafederallyorstate-charteredbank,afederallyorstate-charteredsavingsand |
|---|
| 321 | | - | 26loanassociation,orafederallyorstate-charteredcreditunioninwhichthecommitteeshall |
|---|
| 322 | | - | 27openandthereaftermaintainatleastoneofficialdepositoryaccountinitsownname.An |
|---|
| 323 | | - | HB707 9 28"officialdepositoryaccount"shallbeacheckingaccountorsometypeofnegotiabledraftor |
|---|
| 324 | | - | 29negotiableorderofwithdrawalaccount,andtheofficialfunddepositoryshall,regardingan |
|---|
| 325 | | - | 30officialdepositoryaccount,beatypeoffinancialinstitutionwhichprovidesarecordof |
|---|
| 326 | | - | 31deposits,cancelledchecksorothercancelledinstrumentsofwithdrawalevidencingeach |
|---|
| 327 | | - | 32transactionbymaintainingcopieswithinthisstateofsuchinstrumentsandothertransactions. |
|---|
| 328 | | - | 33Allcontributionswhichthecommitteereceivesinmoney,checksandothernegotiable |
|---|
| 329 | | - | 34instrumentsshallbedepositedinacommittee'sofficialdepositoryaccount.Contributions |
|---|
| 330 | | - | 35shallnotbeacceptedandexpendituresshallnotbemadebyacommitteeexceptbyorthrough |
|---|
| 331 | | - | 36anofficialdepositoryaccountandthecommitteetreasurer,deputytreasurerorcandidate; |
|---|
| 332 | | - | 37however,acommitteemayutilizeacreditcardordebitcardinthenameofthe |
|---|
| 333 | | - | 38committeewhenauthorizedbythetreasurer,deputytreasurer,orcandidate,provided |
|---|
| 334 | | - | 39thatallexpendituresmadebythecommitteethroughacreditcardarepaidthroughthe |
|---|
| 335 | | - | 40officialdepositoryaccount. Contributionsreceivedbyacommitteeshallnotbecommingled |
|---|
| 336 | | - | 41withanyfundsofanagentofthecommittee,acandidateoranyotherperson,exceptthat |
|---|
| 337 | | - | 42contributionsfromacandidateofthecandidate'sownfundstotheperson'scandidate |
|---|
| 338 | | - | 43committeeshallbedepositedtoanofficialdepositoryaccountoftheperson'scandidate |
|---|
| 339 | | - | 44committee.Noexpenditureshallbemadebyacommitteewhentheofficeofcommittee |
|---|
| 340 | | - | 45treasurerisvacantexceptthatwhentheofficeofacandidatecommitteetreasurerisvacant, |
|---|
| 341 | | - | 46thecandidateshallbethetreasureruntilthecandidateappointsanewtreasurer. |
|---|
| 342 | | - | 47 (2)Acommitteetreasurer,deputytreasurerorcandidatemaywithdrawfundsfroma |
|---|
| 343 | | - | 48committee'sofficialdepositoryaccountanddepositsuchfundsinoneormoresavings |
|---|
| 344 | | - | 49accountsinthecommittee'snameinanybank,savingsandloanassociationorcreditunion |
|---|
| 345 | | - | 50withinthisstate,andmayalsowithdrawfundsfromanofficialdepositoryaccountfor |
|---|
| 346 | | - | 51investmentinthecommittee'snameinanycertificateofdeposit,bondorsecurity.Proceeds |
|---|
| 347 | | - | 52frominterestordividendsfromasavingsaccountorotherinvestmentorproceedsfrom |
|---|
| 348 | | - | 53withdrawalsfromasavingsaccountorfromthesaleofaninvestmentshallnotbeexpended |
|---|
| 349 | | - | 54orreinvested,exceptinthecaseofrenewalsofcertificatesofdeposit,withoutfirst |
|---|
| 350 | | - | 55redepositingsuchproceedsinanofficialdepositoryaccount.Investments,otherthansavings |
|---|
| 351 | | - | 56accounts,heldoutsidethecommittee'sofficialdepositoryaccountatanytimeduringa |
|---|
| 352 | | - | 57reportingperiodshallbedisclosedbydescription,amount,anyidentifyingnumbersandthe |
|---|
| 353 | | - | 58nameandaddressofanyinstitutionorpersoninwhichorthroughwhichitisheldinan |
|---|
| 354 | | - | 59attachmenttodisclosurereportsthecommitteeisrequiredtofile.Proceedsfroman |
|---|
| 355 | | - | 60investmentsuchasinterestordividendsorproceedsfromitssale,shallbereportedbydate |
|---|
| 356 | | - | 61andamount.Inthecaseofthesaleofaninvestment,thenamesandaddressesofthepersons |
|---|
| 357 | | - | 62involvedinthetransactionshallalsobestated.Fundsheldinsavingsaccountsand |
|---|
| 358 | | - | 63investments,includinginterestearned,shallbeincludedinthereportofmoneyonhandas |
|---|
| 359 | | - | 64requiredbysection130.041. |
|---|
| 360 | | - | HB707 10 65 (3)Notwithstandinganyotherprovisionoflawtothecontrary,fundsheldin |
|---|
| 361 | | - | 66candidatecommittees,campaigncommittees,debtservicecommittees,andexploratory |
|---|
| 362 | | - | 67committeesshallbeliquidsuchthatthesefundsshallbereadilyavailableforthespecificand |
|---|
| 363 | | - | 68limitedpurposesallowedbylaw.Thesefundsmaybeinvestedonlyinshort-termtreasury |
|---|
| 364 | | - | 69instrumentsorshort-termbankcertificateswithdurationsofoneyearorless,orthatallowthe |
|---|
| 365 | | - | 70removaloffundsatanytimewithoutanyadditionalfinancialpenaltyotherthanthelossof |
|---|
| 366 | | - | 71interestincome.Continuingcommittees,politicalpartycommittees,andothercommittees |
|---|
| 367 | | - | 72suchasout-of-statecommitteesnotformedforthebenefitofanysinglecandidateorballot |
|---|
| 368 | | - | 73issueshallnotbesubjecttotheprovisionsofthissubdivision.Thissubdivisionshallnotbe |
|---|
| 369 | | - | 74interpretedtorestricttheplacementoffundsinaninterest-bearingcheckingaccount. |
|---|
| 370 | | - | 75 5.Thetreasurerordeputytreasureractingonbehalfofanypersonororganizationor |
|---|
| 371 | | - | 76groupofpersonswhichisacommitteebyvirtueofthedefinitionsofcommitteeinsection |
|---|
| 372 | | - | 77130.011andanycandidatewhoisnotexcludedfromformingacommitteeinaccordancewith |
|---|
| 373 | | - | 78theprovisionsofsection130.016shallfileastatementoforganizationwiththeappropriate |
|---|
| 374 | | - | 79officerwithintwentydaysafterthepersonororganizationbecomesacommitteebutnolater |
|---|
| 375 | | - | 80thanthedateforfilingthefirstreportrequiredpursuanttotheprovisionsofsection130.046. |
|---|
| 376 | | - | 81Thestatementoforganizationshallcontainthefollowinginformation: |
|---|
| 377 | | - | 82 (1)Thename,mailingaddressandtelephonenumber,ifany,ofthecommitteefiling |
|---|
| 378 | | - | 83thestatementoforganization.Ifthecommitteeisdeemedtobeaffiliatedwithaconnected |
|---|
| 379 | | - | 84organizationasprovidedinsubdivision(11)ofsection130.011,thenameoftheconnected |
|---|
| 380 | | - | 85organization,oralegallyregisteredfictitiousnamewhichreasonablyidentifiestheconnected |
|---|
| 381 | | - | 86organization,shallappearinthenameofthecommittee.Ifthecommitteeisacandidate |
|---|
| 382 | | - | 87committee,thenameofthecandidateshallbeapartofthecommittee'sname; |
|---|
| 383 | | - | 88 (2)Thename,mailingaddressandtelephonenumberofthecandidate; |
|---|
| 384 | | - | 89 (3)Thename,mailingaddressandtelephonenumberofthecommitteetreasurer,and |
|---|
| 385 | | - | 90thename,mailingaddressandtelephonenumberofitsdeputytreasurerifthecommitteehas |
|---|
| 386 | | - | 91namedadeputytreasurer; |
|---|
| 387 | | - | 92 (4)[Thenames,mailingaddressesandtitlesofitsofficers,ifany; |
|---|
| 388 | | - | 93 (5)]Thenameandmailingaddressofanyconnectedorganizationswithwhichthe |
|---|
| 389 | | - | 94committeeisaffiliated; |
|---|
| 390 | | - | 95 (5)Thenames,mailingaddresses,andtitlesofitsofficers,ifany; |
|---|
| 391 | | - | 96 (6)Thenameandmailingaddressofitsdepository,[and] thenameandaccount |
|---|
| 392 | | - | 97numberofeachaccountthecommitteehasinthedepository, andtheaccountnumberand |
|---|
| 393 | | - | 98issuerofanycreditcardinthecommittee'sname. Theaccountnumberofeachaccount |
|---|
| 394 | | - | 99shallberedactedpriortodisclosingthestatementtothepublic; |
|---|
| 395 | | - | HB707 11 100 (7)Identificationofthemajornatureofthecommitteesuchasacandidatecommittee, |
|---|
| 396 | | - | 101campaigncommittee,continuingcommittee,politicalpartycommittee,incumbentcommittee, |
|---|
| 397 | | - | 102oranyothercommitteeaccordingtothedefinitionofcommitteeinsection130.011; |
|---|
| 398 | | - | 103 (8)Inthecaseofthecandidatecommitteedesignatedinsubsection3ofthissection, |
|---|
| 399 | | - | 104thefullnameandaddressofeachothercandidatecommitteewhichisunderthecontroland |
|---|
| 400 | | - | 105directionofthesamecandidate,togetherwiththename,addressandtelephonenumberofthe |
|---|
| 401 | | - | 106treasurerofeachsuchothercommittee; |
|---|
| 402 | | - | 107 (9)Thenameandofficesoughtofeachcandidatesupportedoropposedbythe |
|---|
| 403 | | - | 108committee; |
|---|
| 404 | | - | 109 (10)Theballotmeasureconcerned,ifany,andwhetherthecommitteeisinfavorofor |
|---|
| 405 | | - | 110opposedtosuchmeasure. |
|---|
| 406 | | - | 111 6.Acommitteemayomittheinformationrequiredinsubdivisions(9)and(10)of |
|---|
| 407 | | - | 112subsection5ofthissectionif,onthedateonwhichitisrequiredtofileastatementof |
|---|
| 408 | | - | 113organization,thecommitteehasnotyetdeterminedtheparticularcandidatesorparticular |
|---|
| 409 | | - | 114ballotmeasuresitwillsupportoroppose. |
|---|
| 410 | | - | 115 7.Acommitteewhichhasfiledastatementoforganizationandhasnotterminated |
|---|
| 411 | | - | 116shallnotberequiredtofileanotherstatementoforganization,exceptthatwhenthereisa |
|---|
| 412 | | - | 117changeinanyoftheinformationpreviouslyreportedasrequiredbysubdivisions(1)to(8)of |
|---|
| 413 | | - | 118subsection5ofthissectionanamendedstatementoforganizationshallbefiledwithintwenty |
|---|
| 414 | | - | 119daysafterthechangeoccurs,butnolaterthanthedateofthefilingofthenextreportrequired |
|---|
| 415 | | - | 120tobefiledbythatcommitteebysection130.046. |
|---|
| 416 | | - | 121 8.Uponterminationofacommittee,aterminationstatementindicatingdissolution |
|---|
| 417 | | - | 122shallbefilednotlaterthantendaysafterthedateofdissolutionwiththeappropriateofficeror |
|---|
| 418 | | - | 123officerswithwhomthecommittee'sstatementoforganizationwasfiled.Thetermination |
|---|
| 419 | | - | 124statementshallinclude:thedistributionmadeofanyremainingsurplusfundsandthe |
|---|
| 420 | | - | 125dispositionofanydeficits;andthename,mailingaddressandtelephonenumberofthe |
|---|
| 421 | | - | 126individualresponsibleforpreservingthecommittee'srecordsandaccountsasrequiredin |
|---|
| 422 | | - | 127section130.036. |
|---|
| 423 | | - | 128 9.Anystatementrequiredbythissectionshallbesignedandattestedbythe |
|---|
| 424 | | - | 129committeetreasurerordeputytreasurer,andbythecandidateinthecaseofacandidate |
|---|
| 425 | | - | 130committee. |
|---|
| 426 | | - | 131 10.Acommitteedomiciledoutsidethisstateshallberequiredtofileastatementof |
|---|
| 427 | | - | 132organizationandappointatreasurerresidinginthisstateandopenanaccountinadepository |
|---|
| 428 | | - | 133withinthisstate;providedthateitherofthefollowingconditionsprevails: |
|---|
| 429 | | - | 134 (1)Theaggregateofallcontributionsreceivedfrompersonsdomiciledinthisstate |
|---|
| 430 | | - | 135exceedstwentypercentintotaldollaramountofallfundsreceivedbythecommitteeinthe |
|---|
| 431 | | - | 136precedingtwelvemonths;or |
|---|
| 432 | | - | HB707 12 137 (2)Theaggregateofallcontributionsandexpendituresmadetosupportoroppose |
|---|
| 433 | | - | 138candidatesandballotmeasuresinthisstateexceedsonethousandfivehundreddollarsinthe |
|---|
| 434 | | - | 139currentcalendaryear. |
|---|
| 435 | | - | 140 11.Ifacommitteedomiciledinthisstatereceivesacontributionofonethousandfive |
|---|
| 436 | | - | 141hundreddollarsormorefromanycommitteedomiciledoutsideofthisstate,thecommittee |
|---|
| 437 | | - | 142domiciledinthisstateshallfileadisclosurereportwiththecommission.Thereportshall |
|---|
| 438 | | - | 143disclosethefullname,mailingaddress,telephonenumbersanddomicileofthecontributing |
|---|
| 439 | | - | 144committeeandthedateandamountofthecontribution.Thereportshallbefiledwithinforty- |
|---|
| 440 | | - | 145eighthoursofthereceiptofsuchcontributionifthecontributionisreceivedafterthelast |
|---|
| 441 | | - | 146reportingdatebeforetheelection. |
|---|
| 442 | | - | 147 12.Eachlegislativeandsenatorialdistrictcommitteeshallretainonlyoneaddressin |
|---|
| 443 | | - | 148thedistrictitsitsforthepurposeofreceivingcontributions. |
|---|
| 444 | | - | 130.031.1.Nocontributionofcashinanamountofmorethanonehundreddollars |
|---|
| 445 | | - | 2shallbemadebyoracceptedfromanysinglecontributorforanyelectionbyacontinuing |
|---|
| 446 | | - | 3committee,acampaigncommittee,apoliticalpartycommittee,anexploratorycommitteeora |
|---|
| 447 | | - | 4candidatecommittee. |
|---|
| 448 | | - | 5 2.[Exceptforexpendituresfromapettycashfundwhichisestablishedand |
|---|
| 449 | | - | 6maintainedbywithdrawalsoffundsfromthecommittee'sdepositoryaccountandwith |
|---|
| 450 | | - | 7recordsmaintainedpursuanttotherecord-keepingrequirementsofsection130.036toaccount |
|---|
| 451 | | - | 8forexpendituresmadefrompettycash,] Eachexpenditureofmorethanfiftydollars,except |
|---|
| 452 | | - | 9anin-kindexpenditure,shallbemadebychecksignedbythecommitteetreasurer,deputy |
|---|
| 453 | | - | 10treasurer,orcandidateorbyotherelectronicmeansauthorizedbythetreasurer,deputy |
|---|
| 454 | | - | 11treasurer,orcandidateanddrawnonthecommittee'sdepository[andsignedbythe |
|---|
| 455 | | - | 12committeetreasurer,deputytreasurerorcandidate] orcreditcardinthenameofthe |
|---|
| 456 | | - | 13committeeandauthorizedbythetreasurer,deputytreasurer,orcandidate. Asingle |
|---|
| 457 | | - | 14expenditure[fromapetty] ofcash[fund] shallnotexceedfiftydollars,andtheaggregateof |
|---|
| 458 | | - | 15allexpenditures[fromapetty] ofcash[fund] duringacalendaryearshallnotexceedthe |
|---|
| 459 | | - | 16lesseroffivethousanddollarsortenpercentofallexpendituresmadebythecommittee |
|---|
| 460 | | - | 17duringthatcalendaryear.[Acheckmadepayableto"cash"shallnotbemadeexceptto |
|---|
| 461 | | - | 18replenishapettycashfund.] |
|---|
| 462 | | - | 19 3.Nocontributionshallbemadeoracceptedandnoexpenditureshallbemadeor |
|---|
| 463 | | - | 20incurred,directlyorindirectly,inafictitiousname,inthenameofanotherperson,orbyor |
|---|
| 464 | | - | 21throughanotherpersoninsuchamannerastoconcealtheidentityoftheactualsourceofthe |
|---|
| 465 | | - | 22contributionortheactualrecipientandpurposeoftheexpenditure.Anypersonwhoreceives |
|---|
| 466 | | - | 23contributionsforacommitteeshalldisclosetothatcommittee'streasurer,deputytreasureror |
|---|
| 467 | | - | 24candidatetherecipient'sownnameandaddressandthenameandaddressoftheactualsource |
|---|
| 468 | | - | 25ofeachcontributionsuchpersonhasreceivedforthatcommittee.Anypersonwhomakes |
|---|
| 469 | | - | HB707 13 26expendituresforacommitteeshalldisclosetothatcommittee'streasurer,deputytreasureror |
|---|
| 470 | | - | 27candidatesuchperson'sownnameandaddress,thenameandaddressofeachpersontowhom |
|---|
| 471 | | - | 28anexpenditurehasbeenmadeandtheamountandpurposeoftheexpendituresthepersonhas |
|---|
| 472 | | - | 29madeforthatcommittee. |
|---|
| 473 | | - | 30 4.Noanonymouscontributionofmorethantwenty-fivedollarsshallbemadebyany |
|---|
| 474 | | - | 31person,andnoanonymouscontributionofmorethantwenty-fivedollarsshallbeacceptedby |
|---|
| 475 | | - | 32anycandidateorcommittee.Ifanyanonymouscontributionofmorethantwenty-fivedollars |
|---|
| 476 | | - | 33isreceived,itshallbereturnedimmediatelytothecontributor,ifthecontributor'sidentitycan |
|---|
| 477 | | - | 34beascertained,andifthecontributor'sidentitycannotbeascertained,thecandidate, |
|---|
| 478 | | - | 35committeetreasurerordeputytreasurershallimmediatelytransmitthatportionofthe |
|---|
| 479 | | - | 36contributionwhichexceedstwenty-fivedollarstothestatetreasureranditshallescheattothe |
|---|
| 480 | | - | 37state. |
|---|
| 481 | | - | 38 5.Themaximumaggregateamountofanonymouscontributionswhichshallbe |
|---|
| 482 | | - | 39acceptedinanycalendaryearbyanycommitteeshallbethegreateroffivehundreddollarsor |
|---|
| 483 | | - | 40onepercentoftheaggregateamountofallcontributionsreceivedbythatcommitteeinthe |
|---|
| 484 | | - | 41samecalendaryear.Ifanyanonymouscontributionisreceivedwhichcausestheaggregate |
|---|
| 485 | | - | 42totalofanonymouscontributionstoexceedtheforegoinglimitation,itshallbereturned |
|---|
| 486 | | - | 43immediatelytothecontributor,ifthecontributor'sidentitycanbeascertained,and,ifthe |
|---|
| 487 | | - | 44contributor'sidentitycannotbeascertained,thecommitteetreasurer,deputytreasureror |
|---|
| 488 | | - | 45candidateshallimmediatelytransmittheanonymouscontributiontothestatetreasurerto |
|---|
| 489 | | - | 46escheattothestate. |
|---|
| 490 | | - | 47 6.Notwithstandingtheprovisionsofsubsection5ofthissection,contributionsfrom |
|---|
| 491 | | - | 48individualswhosenamesandaddressescannotbeascertainedwhicharereceivedfroma |
|---|
| 492 | | - | 49fund-raisingactivityorevent,suchasdefinedinsection130.011,shallnotbedeemed |
|---|
| 493 | | - | 50anonymouscontributions,providedthefollowingconditionsaremet: |
|---|
| 494 | | - | 51 (1)Therearetwenty-fiveormorecontributingparticipantsintheactivityorevent; |
|---|
| 495 | | - | 52 (2)Thecandidate,committeetreasurer,deputytreasurerorthepersonresponsiblefor |
|---|
| 496 | | - | 53conductingtheactivityoreventmakesanannouncementthatitisillegalforanyonetomake |
|---|
| 497 | | - | 54orreceiveacontributioninexcessofonehundreddollarsunlessthecontributionis |
|---|
| 498 | | - | 55accompaniedbythenameandaddressofthecontributor; |
|---|
| 499 | | - | 56 (3)Thepersonresponsibleforconductingtheactivityoreventdoesnotknowingly |
|---|
| 500 | | - | 57acceptpaymentfromanysinglepersonofmorethanonehundreddollarsunlessthenameand |
|---|
| 501 | | - | 58addressofthepersonmakingsuchpaymentisobtainedandrecordedpursuanttotherecord- |
|---|
| 502 | | - | 59keepingrequirementsofsection130.036; |
|---|
| 503 | | - | 60 (4)Astatementdescribingtheeventshallbepreparedbythecandidateorthe |
|---|
| 504 | | - | 61treasurerofthecommitteeforwhomthefundswereraisedorbythepersonresponsiblefor |
|---|
| 505 | | - | 62conductingtheactivityoreventandattachedtothedisclosurereportofcontributionsand |
|---|
| 506 | | - | HB707 14 63expendituresrequiredbysection130.041.Thefollowinginformationtobelistedinthe |
|---|
| 507 | | - | 64statementisinadditionto,notinlieuof,therequirementselsewhereinthischapterrelatingto |
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| 508 | | - | 65therecordingandreportingofcontributionsandexpenditures: |
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| 509 | | - | 66 (a)Thenameandmailingaddressofthepersonorpersonsresponsibleforconducting |
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| 510 | | - | 67theeventoractivityandthenameandaddressofthecandidateorcommitteeforwhomthe |
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| 511 | | - | 68fundswereraised; |
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| 512 | | - | 69 (b)Thedateonwhichtheeventoccurred; |
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| 513 | | - | 70 (c)Thenameandaddressofthelocationwheretheeventoccurredandthe |
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| 514 | | - | 71approximatenumberofparticipantsintheevent; |
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| 515 | | - | 72 (d)Abriefdescriptionofthetypeofeventandthefund-raisingmethodsused; |
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| 516 | | - | 73 (e)Thegrossreceiptsfromtheeventandalistingoftheexpendituresincidenttothe |
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| 517 | | - | 74event; |
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| 518 | | - | 75 (f)Thetotaldollaramountofcontributionsreceivedfromtheeventfromparticipants |
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| 519 | | - | 76whosenamesandaddresseswerenotobtainedwithsuchcontributionsandanexplanationof |
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| 520 | | - | 77whyitwasnotpossibletoobtainthenamesandaddressesofsuchparticipants; |
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| 521 | | - | 78 (g)Thetotaldollaramountofcontributionsreceivedfromcontributingparticipantsin |
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| 522 | | - | 79theeventwhoareidentifiedbynameandaddressintherecordsrequiredtobemaintained |
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| 523 | | - | 80pursuanttosection130.036. |
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| 524 | | - | 81 7.Nocandidateorcommitteeinthisstateshallacceptcontributionsfromanyout-of- |
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| 525 | | - | 82statecommitteeunlesstheout-of-statecommitteefromwhomthecontributionsarereceived |
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| 526 | | - | 83hasfiledastatementoforganizationpursuanttosection130.021orhasfiledthereports |
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| 527 | | - | 84requiredbysections130.049and130.050,whicheverisapplicabletothatcommittee. |
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| 528 | | - | 85 8.Anypersonpublishing,circulating,ordistributinganyprintedmatterrelativeto |
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| 529 | | - | 86anycandidateforpublicofficeoranyballotmeasureshallonthefaceoftheprintedmatter |
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| 530 | | - | 87identifyinaclearandconspicuousmannerthepersonwhopaidfortheprintedmatterwiththe |
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| 531 | | - | 88words"Paidforby"followedbytheproperidentificationofthesponsorpursuanttothis |
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| 532 | | - | 89section.Forthepurposesofthissection,"printedmatter"shallbedefinedtoincludeany |
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| 533 | | - | 90pamphlet,circular,handbill,sampleballot,advertisement,includingadvertisementsinany |
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| 534 | | - | 91newspaperorotherperiodical,sign,includingsignsfordisplayonmotorvehicles,orother |
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| 535 | | - | 92imprintedorletteredmaterial;but"printedmatter"isdefinedtoexcludematerialsprintedand |
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| 536 | | - | 93purchasedpriortoMay20,1982,ifthecandidateorcommitteecandocumentthatdelivery |
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| 537 | | - | 94tookplacepriortoMay20,1982;anysignpersonallyprintedandconstructedbyan |
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| 538 | | - | 95individualwithoutcompensationfromanyotherpersonanddisplayedatthatindividual's |
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| 539 | | - | 96placeofresidenceoronthatindividual'spersonalmotorvehicle;anyitemsofpersonaluse |
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| 540 | | - | 97givenawayorsold,suchascampaignbuttons,pins,pens,pencils,bookmatches,campaign |
|---|
| 541 | | - | 98jewelry,orclothing,whichispaidforbyacandidateorcommitteewhichsupportsacandidate |
|---|
| 542 | | - | 99orsupportsoropposesaballotmeasureandwhichisobviousinitsidentificationwitha |
|---|
| 543 | | - | HB707 15 100specificcandidateorcommitteeandisreportedasrequiredbythischapter;andanynews |
|---|
| 544 | | - | 101story,commentary,oreditorialprintedbyaregularlypublishednewspaperorotherperiodical |
|---|
| 545 | | - | 102withoutchargetoacandidate,committeeoranyotherperson. |
|---|
| 546 | | - | 103 (1)Inregardtoanyprintedmatterpaidforbyacandidatefromthecandidate's |
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| 547 | | - | 104personalfunds,itshallbesufficientidentificationtoprintthefirstandlastnamebywhichthe |
|---|
| 548 | | - | 105candidateisknown. |
|---|
| 549 | | - | 106 (2)Inregardtoanyprintedmatterpaidforbyacommittee,itshallbesufficient |
|---|
| 550 | | - | 107identificationtoprintthenameofthecommitteeasrequiredtoberegisteredbysubsection5 |
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| 551 | | - | 108ofsection130.021andthenameandtitleofthecommitteetreasurerwhowasservingwhen |
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| 552 | | - | 109theprintedmatterwaspaidfor. |
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| 553 | | - | 110 (3)Inregardtoanyprintedmatterpaidforbyacorporationorotherbusinessentity, |
|---|
| 554 | | - | 111labororganization,oranyotherorganizationnotdefinedtobeacommitteebysubdivision(7) |
|---|
| 555 | | - | 112ofsection130.011andnotorganizedespeciallyforinfluencingoneormoreelections,itshall |
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| 556 | | - | 113besufficientidentificationtoprintthenameoftheentity,thenameoftheprincipalofficerof |
|---|
| 557 | | - | 114theentity,bywhatevertitleknown,andthemailingaddressoftheentity,oriftheentityhas |
|---|
| 558 | | - | 115nomailingaddress,themailingaddressoftheprincipalofficer. |
|---|
| 559 | | - | 116 (4)Inregardtoanyprintedmatterpaidforbyanindividualorindividuals,itshallbe |
|---|
| 560 | | - | 117sufficientidentificationtoprintthenameoftheindividualorindividualsandtherespective |
|---|
| 561 | | - | 118mailingaddressoraddresses,exceptthatifmorethanfiveindividualsjoininpayingfor |
|---|
| 562 | | - | 119printedmatteritshallbesufficientidentificationtoprintthewords"Foralistofother |
|---|
| 563 | | - | 120sponsorscontact:"followedbythenameandaddressofonesuchindividualresponsiblefor |
|---|
| 564 | | - | 121causingthemattertobeprinted,andtheindividualidentifiedshallmaintainarecordofthe |
|---|
| 565 | | - | 122namesandamountspaidbyotherindividualsandshallmakesuchrecordavailableforreview |
|---|
| 566 | | - | 123upontherequestofanyperson.Nopersonshallacceptforpublicationorprintingnorshall |
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| 567 | | - | 124suchworkbecompleteduntiltheprintedmatterisproperlyidentifiedasrequiredbythis |
|---|
| 568 | | - | 125subsection. |
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| 569 | | - | 126 9.Anybroadcaststationtransmittinganymatterrelativetoanycandidateforpublic |
|---|
| 570 | | - | 127officeorballotmeasureasdefinedbythischaptershallidentifythesponsorofsuchmatteras |
|---|
| 571 | | - | 128requiredbyfederallaw. |
|---|
| 572 | | - | 129 10.Theprovisionsofsubsection8or9ofthissectionshallnotapplytocandidatesfor |
|---|
| 573 | | - | 130electivefederaloffice,providedthatpersonscausingmattertobeprintedorbroadcast |
|---|
| 574 | | - | 131concerningsuchcandidaciesshallcomplywiththerequirementsoffederallawfor |
|---|
| 575 | | - | 132identificationofthesponsororsponsors. |
|---|
| 576 | | - | 133 11.Itshallbeaviolationofthischapterforanypersonrequiredtobeidentifiedas |
|---|
| 577 | | - | 134payingforprintedmatterpursuanttosubsection8ofthissectionorpayingforbroadcast |
|---|
| 578 | | - | 135matterpursuanttosubsection9ofthissectiontorefusetoprovidetheinformationrequiredor |
|---|
| 579 | | - | 136topurposelyprovidefalse,misleading,orincompleteinformation. |
|---|
| 580 | | - | HB707 16 137 12.Itshallbeaviolationofthischapterforanycommitteetoofferchancestowin |
|---|
| 581 | | - | 138prizesormoneytopersonstoencouragesuchpersonstoendorse,sendelectionmaterialby |
|---|
| 582 | | - | 139mail,deliverelectionmaterialinpersonorcontactpersonsattheirhomes;exceptthat,the |
|---|
| 583 | | - | 140provisionsofthissubsectionshallnotbeconstruedtoprohibithiringandpayingacampaign |
|---|
| 584 | | - | 141staff. |
|---|
| 585 | | - | 130.036.1.Thecandidate,treasurerordeputytreasurerofacommitteeshall |
|---|
| 586 | | - | 2maintainaccuraterecordsandaccountsonacurrentbasis.Therecordsandaccountsshallbe |
|---|
| 587 | | - | 3maintainedinaccordancewithacceptednormalbookkeepingproceduresandshallcontainthe |
|---|
| 588 | | - | 4bills,receipts,depositrecords,cancelledchecks, creditcardstatements,andrecordsand |
|---|
| 589 | | - | 5otherdetailedinformationnecessarytoprepareandsubstantiateanystatementorreport |
|---|
| 590 | | - | 6requiredtobefiledpursuanttothischapter.Everypersonwhoactsasanagentfora |
|---|
| 591 | | - | 7committeeinreceivingcontributions,makingexpendituresorincurringindebtednessforthe |
|---|
| 592 | | - | 8committeeshall,onrequestofthatcommittee'streasurer,deputytreasurerorcandidate,butin |
|---|
| 593 | | - | 9anyeventwithinfivedaysafteranysuchaction,rendertothecandidate,committeetreasurer |
|---|
| 594 | | - | 10ordeputytreasureradetailedaccountthereof,includingnames,addresses,dates,exact |
|---|
| 595 | | - | 11amountsandanyotherdetailsrequiredbythecandidate,treasurerordeputytreasurerto |
|---|
| 596 | | - | 12complywiththischapter.Notwithstandingtheprovisionsofsubsection4ofsection130.021 |
|---|
| 597 | | - | 13prohibitingcomminglingoffunds,anindividual,tradeorprofessionalassociation,business |
|---|
| 598 | | - | 14entity,orlabororganizationwhichactsasanagentforacommitteeinreceivingcontributions |
|---|
| 599 | | - | 15maydepositcontributionsreceivedonbehalfofthecommitteetotheagent'saccountwithina |
|---|
| 600 | | - | 16financialinstitutionwithinthisstate,forpurposesoffacilitatingtransmittalofthe |
|---|
| 601 | | - | 17contributionstothecandidate,committeetreasurerordeputytreasurer.Suchcontributions |
|---|
| 602 | | - | 18shallnotbeheldintheagent'saccountformorethanfivedaysafterthedatethecontribution |
|---|
| 603 | | - | 19wasreceivedbytheagent,andshallnotbetransferredtotheaccountofanyotheragentor |
|---|
| 604 | | - | 20person,otherthanthecommitteetreasurer. |
|---|
| 605 | | - | 21 2.Unlessacontributionisrejectedbythecandidateorcommitteeandreturnedtothe |
|---|
| 606 | | - | 22donorortransmittedtothestatetreasurerwithintenbusinessdaysafteritsreceipt,itshallbe |
|---|
| 607 | | - | 23consideredreceivedandacceptedonthedatereceived,notwithstandingthefactthatitwas |
|---|
| 608 | | - | 24notdepositedbytheclosingdateofareportingperiod. |
|---|
| 609 | | - | 25 3.Notwithstandingtheprovisionsofsection130.041thatonlycontributorsofmore |
|---|
| 610 | | - | 26thanonehundreddollarsshallbereportedbynameandaddressforallcommittees,the |
|---|
| 611 | | - | 27committee'srecordsshallcontainalistingofeachcontributionreceivedbythecommittee, |
|---|
| 612 | | - | 28includingthoseacceptedandthosewhicharerejectedandeitherreturnedtothedonoror |
|---|
| 613 | | - | 29transmittedtothestatetreasurer.Eachcontribution,regardlessoftheamount,shallbe |
|---|
| 614 | | - | 30recordedbydatereceived,nameandaddressofthecontributorandtheamountofthe |
|---|
| 615 | | - | 31contribution,exceptthatanycontributionsfromunidentifiablepersonswhicharereceived |
|---|
| 616 | | - | 32throughfund-raisingactivitiesandeventsaspermittedinsubsection6ofsection130.031 |
|---|
| 617 | | - | HB707 17 33shallberecordedtoshowthedatesandamountsofallsuchcontributionsreceivedtogether |
|---|
| 618 | | - | 34withinformationcontainedinstatementsrequiredbysubsection6ofsection130.031.The |
|---|
| 619 | | - | 35procedureforrecordingcontributionsshallbeofatypewhichenablesthecandidate, |
|---|
| 620 | | - | 36committeetreasurerordeputytreasurertomaintainacontinuingtotalofallcontributions |
|---|
| 621 | | - | 37receivedfromanyonecontributor. |
|---|
| 622 | | - | 38 4.[Notwithstandingtheprovisionsofsection130.041thatcertainexpendituresneed |
|---|
| 623 | | - | 39notbeidentifiedinreportsbynameandaddressofthepayee,] Thecommittee'srecordsshall |
|---|
| 624 | | - | 40includealistingofeachexpendituremadeandeachcontract,promiseoragreementtomake |
|---|
| 625 | | - | 41anexpenditure,showingthedateandamountofeachtransaction,thenameandaddressofthe |
|---|
| 626 | | - | 42persontowhomtheexpenditurewasmadeorpromised,andthepurposeofeachexpenditure |
|---|
| 627 | | - | 43madeorpromised. |
|---|
| 628 | | - | 44 5.Inthecaseofacommitteewhichmakesexpendituresforboththesupportor |
|---|
| 629 | | - | 45oppositionofanycandidateandthepassageordefeatofaballotmeasure,thecommittee |
|---|
| 630 | | - | 46treasurershallmaintainrecordssegregatedaccordingtoeachcandidateormeasureforwhich |
|---|
| 631 | | - | 47theexpendituresweremade. |
|---|
| 632 | | - | 48 6.Recordsshallindicatewhichtransactions,eithercontributionsreceivedor |
|---|
| 633 | | - | 49expendituresmade,werecashtransactionsorin-kindtransactions. |
|---|
| 634 | | - | 50 7.Anycandidatewho,pursuanttosection130.016,isexemptfromtherequirements |
|---|
| 635 | | - | 51toformacommitteeshallmaintainrecordsofeachcontributionreceivedorexpendituremade |
|---|
| 636 | | - | 52insupportofhiscandidacy.Anyotherpersonorcombinationofpersonswho,althoughnot |
|---|
| 637 | | - | 53deemedtobeacommitteeaccordingtothedefinitionoftheterm"committee"insection |
|---|
| 638 | | - | 54130.011,acceptscontributionsormakesexpenditures,otherthandirectcontributionsfromthe |
|---|
| 639 | | - | 55person'sownfunds,forthepurposeofsupportingoropposingtheelectionordefeatofany |
|---|
| 640 | | - | 56candidateorforthepurposeofsupportingoropposingthequalifications,passageordefeatof |
|---|
| 641 | | - | 57anyballotmeasureshallmaintainrecordsofeachcontributionreceivedorexpendituremade. |
|---|
| 642 | | - | 58Therecordsshallincludename,addressandamountpertainingtoeachcontributionreceived |
|---|
| 643 | | - | 59orexpendituremadeandanybills,receipts,cancelledchecksorotherdocumentsrelatingto |
|---|
| 644 | | - | 60eachtransaction. |
|---|
| 645 | | - | 61 8.Allrecordsandaccountsofreceiptsandexpendituresshallbepreservedforatleast |
|---|
| 646 | | - | 62threeyearsafterthedateoftheelectiontowhichtherecordspertain.Recordsandaccounts |
|---|
| 647 | | - | 63regardingsupplementaldisclosurereportsorreportsnotrequiredpursuanttoanelectionshall |
|---|
| 648 | | - | 64bepreservedforatleastthreeyearsafterthedateofthereporttowhichtherecordspertain. |
|---|
| 649 | | - | 65Suchrecordsshallbeavailableforinspectionbythe[campaignfinancereviewboard] |
|---|
| 650 | | - | 66Missouriethicscommissionanditsdulyauthorizedrepresentatives. |
|---|
| 651 | | - | 130.041.1.Exceptasprovidedinsubsection5ofsection130.016,thecandidate,if |
|---|
| 652 | | - | 2applicable,treasurerordeputytreasurerofeverycommitteewhichisrequiredtofilea |
|---|
| 653 | | - | 3statementoforganization,shallfilealegiblyprintedortypeddisclosurereportofreceiptsand |
|---|
| 654 | | - | HB707 18 4expenditures.Thereportsshallbefiledwiththeappropriateofficerdesignatedinsection |
|---|
| 655 | | - | 5130.026atthetimesandfortheperiodsprescribedinsection130.046.Exceptasprovidedin |
|---|
| 656 | | - | 6sections130.049and130.050,eachreportshallsetforth: |
|---|
| 657 | | - | 7 (1)Thefullname,asrequiredinthestatementoforganizationpursuanttosubsection |
|---|
| 658 | | - | 85ofsection130.021,andmailingaddressofthecommitteefilingthereportandthefullname, |
|---|
| 659 | | - | 9mailingaddressandtelephonenumberofthecommittee'streasureranddeputytreasurerifthe |
|---|
| 660 | | - | 10committeehasnamedadeputytreasurer; |
|---|
| 661 | | - | 11 (2)Theamountofmoney,includingcashonhandatthebeginningofthereporting |
|---|
| 662 | | - | 12period; |
|---|
| 663 | | - | 13 (3)Receiptsfortheperiod,including: |
|---|
| 664 | | - | 14 (a)Totalamountofallmonetarycontributionsreceivedwhichcanbeidentifiedinthe |
|---|
| 665 | | - | 15committee'srecordsbynameandaddressofeachcontributor.Inaddition,thecandidate |
|---|
| 666 | | - | 16committeeshallmakeareasonableefforttoobtainandreporttheemployer,oroccupationif |
|---|
| 667 | | - | 17self-employedornotationofretirement,ofeachpersonfromwhomthecommitteereceived |
|---|
| 668 | | - | 18oneormorecontributionswhichintheaggregatetotalinexcessofonehundreddollarsand |
|---|
| 669 | | - | 19shallmakeareasonableefforttoobtainandreportadescriptionofanycontractual |
|---|
| 670 | | - | 20relationshipoverfivehundreddollarsbetweenthecontributorandthestateifthecandidateis |
|---|
| 671 | | - | 21seekingelectiontoastateofficeorbetweenthecontributorandanypoliticalsubdivisionof |
|---|
| 672 | | - | 22thestateifthecandidateisseekingelectiontoanotherpoliticalsubdivisionofthestate; |
|---|
| 673 | | - | 23 (b)Totalamountofallanonymouscontributionsaccepted; |
|---|
| 674 | | - | 24 (c)Totalamountofallmonetarycontributionsreceivedthroughfund-raisingevents |
|---|
| 675 | | - | 25oractivitiesfromparticipantswhosenamesandaddresseswerenotobtainedwithsuch |
|---|
| 676 | | - | 26contributions,withanattachedstatementorcopyofthestatementdescribingeachfund- |
|---|
| 677 | | - | 27raisingeventasrequiredinsubsection6ofsection130.031; |
|---|
| 678 | | - | 28 (d)Totaldollarvalueofallin-kindcontributionsreceived; |
|---|
| 679 | | - | 29 (e)Aseparatelistingbynameandaddressandemployer,oroccupationifself- |
|---|
| 680 | | - | 30employedornotationofretirement,ofeachpersonfromwhomthecommitteereceived |
|---|
| 681 | | - | 31contributions,inmoneyoranyotherthingofvalue,aggregatingmorethanonehundred |
|---|
| 682 | | - | 32dollars,togetherwiththedateandamountofeachsuchcontribution; |
|---|
| 683 | | - | 33 (f)Alistingofeachloanreceivedbynameandaddressofthelenderanddateand |
|---|
| 684 | | - | 34amountoftheloan.Foreachloanofmorethanonehundreddollars,aseparatestatement |
|---|
| 685 | | - | 35shallbeattachedsettingforththenameandaddressofthelenderandeachpersonliable |
|---|
| 686 | | - | 36directly,indirectlyorcontingently,andthedate,amountandtermsoftheloan; |
|---|
| 687 | | - | 37 (4)Expendituresfortheperiod,including: |
|---|
| 688 | | - | 38 (a)Thetotaldollaramountofexpendituresmadebycheckdrawnonthecommittee's |
|---|
| 689 | | - | 39depository; |
|---|
| 690 | | - | 40 (b)Thetotaldollaramountofexpendituresmadeincash; |
|---|
| 691 | | - | HB707 19 41 (c)Thetotaldollarvalueofallin-kindexpendituresmade; |
|---|
| 692 | | - | 42 (d)Thetotaldollaramountofexpendituresmadeviaelectronicmeans; |
|---|
| 693 | | - | 43 (e)Thefullnameandmailingaddressofeachpersontowhomanexpenditureof |
|---|
| 694 | | - | 44moneyoranyotherthingofvalueintheamountofmorethanonehundreddollarshasbeen |
|---|
| 695 | | - | 45made,contractedfororincurred,togetherwiththedate,amountandpurposeofeach |
|---|
| 696 | | - | 46expenditure.Expendituresofonehundreddollarsorlessmaybegroupedandlistedby |
|---|
| 697 | | - | 47categoriesofexpenditureshowingthetotaldollaramountofexpendituresineachcategory, |
|---|
| 698 | | - | 48exceptthatthereportshallcontainanitemizedlistingofeachpaymentmadetocampaign |
|---|
| 699 | | - | 49workersbyname,address,date,amountandpurposeofeachpaymentandtheaggregate |
|---|
| 700 | | - | 50amountpaidtoeachsuchworker; |
|---|
| 701 | | - | 51 [(e)](f)Alistofeachloanmade,bynameandmailingaddressoftheperson |
|---|
| 702 | | - | 52receivingtheloan,togetherwiththeamount,termsanddate; |
|---|
| 703 | | - | 53 (5)Thetotalamountofcashonhandasoftheclosingdateofthereportingperiod |
|---|
| 704 | | - | 54covered,includingamountsindepositoryaccountsandinpettycashfund; |
|---|
| 705 | | - | 55 (6)Thetotalamountofoutstandingindebtednessasoftheclosingdateofthe |
|---|
| 706 | | - | 56reportingperiodcovered; |
|---|
| 707 | | - | 57 (7)Theamountofexpendituresfororagainstacandidateorballotmeasureduring |
|---|
| 708 | | - | 58theperiodcoveredandthecumulativeamountofexpendituresfororagainstthatcandidateor |
|---|
| 709 | | - | 59ballotmeasure,witheachcandidatebeinglistedbyname,mailingaddressandofficesought. |
|---|
| 710 | | - | 60Forthepurposeofdisclosurereports,expendituresmadeinsupportofmorethanone |
|---|
| 711 | | - | 61candidateorballotmeasureorbothshallbeapportionedreasonablyamongthecandidatesor |
|---|
| 712 | | - | 62ballotmeasureorboth.Inapportioningexpenditurestoeachcandidateorballotmeasure, |
|---|
| 713 | | - | 63politicalpartycommitteesandcontinuingcommitteesneednotincludeexpendituresfor |
|---|
| 714 | | - | 64maintainingapermanentoffice,suchasexpendituresforsalariesofregularstaff,office |
|---|
| 715 | | - | 65facilitiesandequipmentorotherexpendituresnotdesignedtosupportoropposeany |
|---|
| 716 | | - | 66particularcandidatesorballotmeasures;however,allsuchexpendituresshallbelisted |
|---|
| 717 | | - | 67pursuanttosubdivision(4)ofthissubsection; |
|---|
| 718 | | - | 68 (8)Aseparatelistingbyfullnameandaddressofanycommitteeincludinga |
|---|
| 719 | | - | 69candidatecommitteecontrolledbythesamecandidateforwhichatransferoffundsora |
|---|
| 720 | | - | 70contributioninanyamounthasbeenmadeduringthereportingperiod,togetherwiththedate |
|---|
| 721 | | - | 71andamountofeachsuchtransferorcontribution; |
|---|
| 722 | | - | 72 (9)Aseparatelistingbyfullnameandaddressofanycommittee,includinga |
|---|
| 723 | | - | 73candidatecommitteecontrolledbythesamecandidatefromwhichatransferoffundsora |
|---|
| 724 | | - | 74contributioninanyamounthasbeenreceivedduringthereportingperiod,togetherwiththe |
|---|
| 725 | | - | 75dateandamountofeachsuchtransferorcontribution; |
|---|
| 726 | | - | 76 (10)Eachcommitteethatreceivesacontributionwhichisrestrictedordesignatedin |
|---|
| 727 | | - | 77wholeorinpartbythecontributorfortransfertoaparticularcandidate,committeeorother |
|---|
| 728 | | - | HB707 20 78personshallincludeastatementofthenameandaddressofthatcontributorinthenext |
|---|
| 729 | | - | 79disclosurereportrequiredtobefiledafterreceiptofsuchcontribution,togetherwiththedate |
|---|
| 730 | | - | 80andamountofanysuchcontributionwhichwassorestrictedordesignatedbythat |
|---|
| 731 | | - | 81contributor,togetherwiththenameoftheparticularcandidateorcommitteetowhomsuch |
|---|
| 732 | | - | 82contributionwassodesignatedorrestrictedbythatcontributorandthedateandamountof |
|---|
| 733 | | - | 83suchcontribution. |
|---|
| 734 | | - | 84 2.Forthepurposeofthissectionandanyothersectioninthischapterexceptsections |
|---|
| 735 | | - | 85130.049and130.050whichrequiresalistingofeachcontributorwhohascontributeda |
|---|
| 736 | | - | 86specifiedamount,theaggregateamountshallbecomputedbyaddingallcontributions |
|---|
| 737 | | - | 87receivedfromanyonepersonduringthefollowingperiods: |
|---|
| 738 | | - | 88 (1)Inthecaseofacandidatecommittee,theperiodshallbeginonthedateonwhich |
|---|
| 739 | | - | 89thecandidatebecameacandidateaccordingtothedefinitionoftheterm"candidate"in |
|---|
| 740 | | - | 90section130.011andendat11:59p.m.onthedayoftheprimaryelection,ifthecandidatehas |
|---|
| 741 | | - | 91suchanelectionorat11:59p.m.onthedayofthegeneralelection.Ifthecandidatehasa |
|---|
| 742 | | - | 92generalelectionheldafteraprimaryelection,thenextaggregatingperiodshallbeginat12:00 |
|---|
| 743 | | - | 93midnightonthedayaftertheprimaryelectiondayandshallcloseat11:59p.m.onthedayof |
|---|
| 744 | | - | 94thegeneralelection.Exceptthatforcontributionsreceivedduringthethirty-dayperiod |
|---|
| 745 | | - | 95immediatelyfollowingaprimaryelection,thecandidateshalldesignatewhethersuch |
|---|
| 746 | | - | 96contributionisreceivedasaprimaryelectioncontributionorageneralelectioncontribution; |
|---|
| 747 | | - | 97 (2)Inthecaseofacampaigncommittee,theperiodshallbeginonthedatethe |
|---|
| 748 | | - | 98committeereceiveditsfirstcontributionandendontheclosingdatefortheperiodforwhich |
|---|
| 749 | | - | 99thereportorstatementisrequired; |
|---|
| 750 | | - | 100 (3)Inthecaseofapoliticalpartycommitteeoracontinuingcommittee,theperiod |
|---|
| 751 | | - | 101shallbeginonthefirstdayofJanuaryoftheyearinwhichthereportorstatementisbeing |
|---|
| 752 | | - | 102filedandendontheclosingdatefortheperiodforwhichthereportorstatementisrequired; |
|---|
| 753 | | - | 103except,ifthereportorstatementisrequiredtobefiledpriortothefirstdayofJulyinany |
|---|
| 754 | | - | 104givenyear,theperiodshallbeginonthefirstdayofJulyoftheprecedingyear. |
|---|
| 755 | | - | 105 3.Thedisclosurereportshallbesignedandattestedbythecommitteetreasureror |
|---|
| 756 | | - | 106deputytreasurerandbythecandidateincaseofacandidatecommittee. |
|---|
| 757 | | - | 107 4.Thewords"consultingorconsultingservices,fees,orexpenses",orsimilarwords, |
|---|
| 758 | | - | 108shallnotbeusedtodescribethepurposeofapaymentasrequiredinthissection.The |
|---|
| 759 | | - | 109reportingofanypaymenttosuchanindependentcontractorshallbeonaformsuppliedbythe |
|---|
| 760 | | - | 110appropriateofficer,establishedbytheethicscommissionandshallincludeidentificationof |
|---|
| 761 | | - | 111thespecificserviceorservicesprovidedincluding,butnotlimitedto,publicopinionpolling, |
|---|
| 762 | | - | 112researchonissuesoroppositionbackground,printorbroadcastmediaproduction,printor |
|---|
| 763 | | - | 113broadcastmediapurchase,computerprogrammingordataentry,directmailproduction, |
|---|
| 764 | | - | HB707 21 114postage,rent,utilities,phonesolicitation,orfundraising,andthedollaramountproratedfor |
|---|
| 765 | | - | 115eachservice. |
|---|
| 766 | | - | 361.909.Sections361.900to361.1035shallnotapplyto: |
|---|
| 767 | | - | 2 (1)Anoperatorofapaymentsystemtotheextentthatitprovidesprocessing, |
|---|
| 768 | | - | 3clearing,orsettlementservicesbetweenoramongpersonsexemptedunderthissectionor |
|---|
| 769 | | - | 4licenseesinconnectionwithwiretransfers,creditcardtransactions,debitcardtransactions, |
|---|
| 770 | | - | 5storedvaluetransactions,automatedclearinghousetransfers,orsimilarfundstransfers; |
|---|
| 771 | | - | 6 (2)Apersonappointedasanagentofapayeetocollectandprocessapaymentfroma |
|---|
| 772 | | - | 7payertothepayeeforgoodsorservices,otherthanmoneytransmissionitself,providedtothe |
|---|
| 773 | | - | 8payerbythepayee,providedthat: |
|---|
| 774 | | - | 9 (a)Thereexistsawrittenagreementbetweenthepayeeandtheagentdirectingthe |
|---|
| 775 | | - | 10agenttocollectandprocesspaymentsfromapayeronthepayee'sbehalf; |
|---|
| 776 | | - | 11 (b)Thepayeeholdstheagentouttothepublicasacceptingpaymentsforgoodsor |
|---|
| 777 | | - | 12servicesonthepayee'sbehalf;and |
|---|
| 778 | | - | 13 (c)Paymentforthegoodsandservicesistreatedasreceivedbythepayeeupon |
|---|
| 779 | | - | 14receiptbytheagentsothatthepayer'sobligationisextinguishedandthereisnoriskoflossto |
|---|
| 780 | | - | 15thepayeriftheagentfailstoremitthefundstothepayee; |
|---|
| 781 | | - | 16 (3)Apersonthatactsasanintermediarybyprocessingpaymentsbetweenanentity |
|---|
| 782 | | - | 17thathasdirectlyincurredanoutstandingmoneytransmissionobligationtoasenderandthe |
|---|
| 783 | | - | 18sender'sdesignatedrecipient,providedthattheentity: |
|---|
| 784 | | - | 19 (a)Isproperlylicensedorexemptfromlicensingrequirementsundersections |
|---|
| 785 | | - | 20361.900to361.1035; |
|---|
| 786 | | - | 21 (b)Providesareceipt,electronicrecord,orotherwrittenconfirmationtothesender |
|---|
| 787 | | - | 22identifyingtheentityastheproviderofmoneytransmissioninthetransaction;and |
|---|
| 788 | | - | 23 (c)Bearssoleresponsibilitytosatisfytheoutstandingmoneytransmissionobligation |
|---|
| 789 | | - | 24tothesender,includingtheobligationtomakethesenderwholeinconnectionwithany |
|---|
| 790 | | - | 25failuretotransmitthefundstothesender'sdesignatedrecipient; |
|---|
| 791 | | - | 26 (4)TheUnitedStatesoradepartment,agency,orinstrumentalitythereof,oritsagent; |
|---|
| 792 | | - | 27 (5)MoneytransmissionbytheUnitedStatesPostalServiceorbyanagentofthe |
|---|
| 793 | | - | 28UnitedStatesPostalService; |
|---|
| 794 | | - | 29 (6)Astate,county,city,oranyothergovernmentalagencyorgovernmental |
|---|
| 795 | | - | 30subdivisionorinstrumentalityofastate,oritsagent; |
|---|
| 796 | | - | 31 (7)Afederallyinsureddepositoryfinancialinstitution;bankholdingcompany;office |
|---|
| 797 | | - | 32ofaninternationalbankingcorporation;foreignbankthatestablishesafederalbranchunder |
|---|
| 798 | | - | 33theInternationalBankAct,12U.S.C.Section3102,asamendedorrecodifiedfromtimeto |
|---|
| 799 | | - | 34time;corporationorganizedundertheBankServiceCorporationAct,12U.S.C.Sections |
|---|
| 800 | | - | 351861-1867,asamendedorrecodifiedfromtimetotime;orcorporationorganizedunderthe |
|---|
| 801 | | - | HB707 22 36EdgeAct,12U.S.C.Sections611-633,asamendedorrecodifiedfromtimetotime,underthe |
|---|
| 802 | | - | 37lawsofastateortheUnitedStates; |
|---|
| 803 | | - | 38 (8)Electronicfundstransferofgovernmentalbenefitsforafederal,state,county,or |
|---|
| 804 | | - | 39governmentalagencybyacontractoronbehalfoftheUnitedStatesoradepartment,agency, |
|---|
| 805 | | - | 40orinstrumentalitythereof,oronbehalfofastateorgovernmentalsubdivision,agency,or |
|---|
| 806 | | - | 41instrumentalitythereof; |
|---|
| 807 | | - | 42 (9)AboardoftradedesignatedasacontractmarketunderthefederalCommodity |
|---|
| 808 | | - | 43ExchangeAct,7U.S.C.Sections1-25,asamendedorrecodifiedfromtimetotime,ora |
|---|
| 809 | | - | 44personthat,intheordinarycourseofbusiness,providesclearanceandsettlementservicesfor |
|---|
| 810 | | - | 45aboardoftradetotheextentofitsoperationasorforsuchaboard; |
|---|
| 811 | | - | 46 (10)Aregisteredfuturescommissionmerchantunderthefederalcommoditieslaws |
|---|
| 812 | | - | 47totheextentofitsoperationassuchamerchant; |
|---|
| 813 | | - | 48 (11)Apersonregisteredasasecuritiesbroker-dealerunderfederalorstatesecurities |
|---|
| 814 | | - | 49lawstotheextentofitsoperationassuchabroker-dealer; |
|---|
| 815 | | - | 50 (12)Anindividualemployedbyalicensee,authorizeddelegate,oranyperson |
|---|
| 816 | | - | 51exemptedfromthelicensingrequirementsundersections361.900to361.1035ifacting |
|---|
| 817 | | - | 52withinthescopeofemploymentandunderthesupervisionofthelicensee,authorized |
|---|
| 818 | | - | 53delegate,orexemptedpersonasanemployeeandnotasanindependentcontractor; |
|---|
| 819 | | - | 54 (13)Apersonexpresslyappointedasathird-partyserviceprovidertooragentofan |
|---|
| 820 | | - | 55entityexemptundersubdivision(7)ofthissectionsolelytotheextentthat: |
|---|
| 821 | | - | 56 (a)Suchserviceprovideroragentisengaginginmoneytransmissiononbehalfofand |
|---|
| 822 | | - | 57underawrittenagreementwiththeexemptentitythatsetsforththespecificfunctionsthatthe |
|---|
| 823 | | - | 58serviceprovideroragentistoperform;and |
|---|
| 824 | | - | 59 (b)Theexemptentityassumesallriskoflossandalllegalresponsibilityfor |
|---|
| 825 | | - | 60satisfyingtheoutstandingmoneytransmissionobligationsowedtopurchasersandholdersof |
|---|
| 826 | | - | 61theoutstandingmoneytransmissionobligationsuponreceiptofthepurchaser'sorholder's |
|---|
| 827 | | - | 62moneyormonetaryvaluebytheserviceprovideroragent. |
|---|
| 828 | | - | 63 (14)Apersonappointedasanagentofapayorforpurposesofprovidingpayroll |
|---|
| 829 | | - | 64processingservicesforwhichtheagentwouldotherwiseneedtobelicensed,providedall |
|---|
| 830 | | - | 65ofthefollowingapply: |
|---|
| 831 | | - | 66 (a)Thereisawrittenagreementbetweenthepayorandtheagentthatdirects |
|---|
| 832 | | - | 67theagenttoprovidepayrollprocessingservicesonthepayor'sbehalf; |
|---|
| 833 | | - | 68 (b)Thepayorholdstheagentouttoemployeesandotherpayeesasproviding |
|---|
| 834 | | - | 69payrollprocessingservicesonthepayor'sbehalf;and |
|---|
| 835 | | - | 70 (c)Thepayor'sobligationtoapayee,includinganemployeeoranyotherparty |
|---|
| 836 | | - | 71entitledtoreceivefundsviathepayrollprocessingservicesprovidedbytheagent,shall |
|---|
| 837 | | - | 72notbeextinguishediftheagentfailstoremitthefundstothepayee. |
|---|
| 838 | | - | HB707 23 362.020.1.Thearticlesofagreementmentionedinthischaptershallsetout: |
|---|
| 839 | | - | 2 (1)Thecorporatenameoftheproposedcorporation.Thecorporatenameshallnotbe |
|---|
| 840 | | - | 3aname,oranimitationofaname,usedwithintheprecedingfiftyyearsasacorporatetitleof |
|---|
| 841 | | - | 4abankortrustcompanyincorporatedinthisstate; |
|---|
| 842 | | - | 5 (2)Thenameofthecityortownandcountyinthisstateinwhichthecorporationisto |
|---|
| 843 | | - | 6belocated; |
|---|
| 844 | | - | 7 (3)Theamountofthecapitalstockofthecorporation,thenumberofsharesinto |
|---|
| 845 | | - | 8whichitisdivided,andtheparvaluethereof;thatthesamehasbeensubscribedingoodfaith |
|---|
| 846 | | - | 9andallthereofactuallypaidupinlawfulmoneyoftheUnitedStatesandisinthecustodyof |
|---|
| 847 | | - | 10thepersonsnamedasthefirstboardofdirectorsormanagers; |
|---|
| 848 | | - | 11 (4)Thenamesandplacesofresidencesoftheseveralshareholdersandnumberof |
|---|
| 849 | | - | 12sharessubscribedbyeach; |
|---|
| 850 | | - | 13 (5)Thenumberandthenamesofthefirstdirectors; |
|---|
| 851 | | - | 14 (6)Thepurposesforwhichthecorporationisformed; |
|---|
| 852 | | - | 15 (7)Anyprovisionsrelatingtothepreemptiverightsofashareholderasprovidedin |
|---|
| 853 | | - | 16section351.305. |
|---|
| 854 | | - | 17 |
|---|
| 855 | | - | 18Thearticlesofagreementmayprovidefortheissuanceofadditionalsharesofcapital |
|---|
| 856 | | - | 19stockorotherclassesofstockpursuanttothesameproceduresandconditionsas |
|---|
| 857 | | - | 20providedundersection351.180,providedthatsuchtermsandproceduresare |
|---|
| 858 | | - | 21acceptabletothedirectoroffinanceand,providedthatanynoticeorotherapproval |
|---|
| 859 | | - | 22requiredtobegivenorobtainedfromthestateofMissourishallbegivenorobtained |
|---|
| 860 | | - | 23fromthedirectorofthedivisionoffinance. |
|---|
| 861 | | - | 24 2.Thearticlesofagreementmaydesignatethenumberofdirectorsnecessaryto |
|---|
| 862 | | - | 25constituteaquorum,andmayprovideforthenumberofyearsthecorporationistocontinue, |
|---|
| 863 | | - | 26ormayprovidethattheexistenceofthecorporationshallcontinueuntilthecorporationshall |
|---|
| 864 | | - | 27bedissolvedbyconsentofthestockholdersorbyproceedingsinstitutedbythestateunder |
|---|
| 865 | | - | 28anystatutenowinforceorhereafterenacted. |
|---|
| 866 | | - | 362.247.1.Amajorityofthefullboardofdirectorsshallconstituteaquorumforthe |
|---|
| 867 | | - | 2transactionofbusinessunlessanothernumberisrequiredbythearticlesofagreement,the |
|---|
| 868 | | - | 3bylawsorbylaw.Theactofamajorityofthedirectorspresentatameetingatwhicha |
|---|
| 869 | | - | 4quorumispresentshallbetheactoftheboardofdirectorsunlesstheactofagreaternumber |
|---|
| 870 | | - | 5isrequiredbythearticlesofagreement,thebylawsorbylaw. |
|---|
| 871 | | - | 6 2.Unlessotherwiseprohibitedbystatuteor[regulation,] anorderormemorandum |
|---|
| 872 | | - | 7ofunderstandingenteredintowiththedirectoroffinancerelatedtobanksafetyand |
|---|
| 873 | | - | 8soundness,directorsmayattendboardmeetingsbytelephonicconferencecallorvideo |
|---|
| 874 | | - | 9conferencing,andthebankortrustcompanymayincludeinaquorumdirectorswhoarenot |
|---|
| 875 | | - | HB707 24 10physicallypresentbutareallowedtovote[, providedthebankortrustcompanyhasa |
|---|
| 876 | | - | 11compositeratingof1or2undertheUniformFinancialInstitutionsRatingSystemofthe |
|---|
| 877 | | - | 12FederalFinancialInstitutionExaminationCounsel(FFIEC)]. |
|---|
| 878 | | - | 13 3.Anydirectorremotelyattendingaboardmeetingviatelephoneorvideo |
|---|
| 879 | | - | 14conferencingmaybecountedtowardaquorumforsuchmeetingand,ifthedirectorisnot |
|---|
| 880 | | - | 15otherwiseprohibited,mayvoteonmattersbeforethebankortrustcompany'sboardsolongas |
|---|
| 881 | | - | 16themeetingminutesidentifythedirectorappearingremotelyandreflectthattheremote |
|---|
| 882 | | - | 17director: |
|---|
| 883 | | - | 18 (1)Receivedformalnoticeoftheboardmeetingforwhichheorsheisattendingor |
|---|
| 884 | | - | 19waivedsuchnoticeasotherwiseprovidedbylaw; |
|---|
| 885 | | - | 20 (2)Receivedtheboardmeetinginformationrequiredforeachboardofdirector's |
|---|
| 886 | | - | 21meetingasprovidedbysection362.275; |
|---|
| 887 | | - | 22 (3)Wasalonewhenparticipatinginsuchboardmeetingorwasinthephysical |
|---|
| 888 | | - | 23presenceofnoonenotadirectorofsuchbankortrustcompany;and |
|---|
| 889 | | - | 24 (4)Wasabletoclearlyhearsuchboardmeetingdiscussionfromitsbeginningtoend. |
|---|
| 890 | | - | 25 4.Thedirectorofthedivisionoffinancemaypromulgateadditionalregulations, |
|---|
| 891 | | - | 26reasonableinscope,toprovidefortheintegrityoftheboardofdirectors'operationswhen |
|---|
| 892 | | - | 27directorsattendboardmeetingsremotely,thesafetyandsoundnessofthebankortrust |
|---|
| 893 | | - | 28company'soperation,andthebankortrustcompany'sinterestinminimizingthecostof |
|---|
| 894 | | - | 29compliancewithsuchregulation. |
|---|
| 895 | | - | 362.275.1.Theboardofdirectorsofeverybankandtrustcompanyorganizedor |
|---|
| 896 | | - | 2doingbusinesspursuanttothischaptershallholdaregularmeetingatleastonceeachmonth, |
|---|
| 897 | | - | 3or,uponapplicationtoandacceptancebythedirectoroffinance,atsuchothertimes,notless |
|---|
| 898 | | - | 4frequentlythanonceeachcalendarquarterasthedirectoroffinanceshallapprove,which |
|---|
| 899 | | - | 5approvalmayberescindedatanytime.Thereshallbesubmittedtothemeetingalistgiving |
|---|
| 900 | | - | 6theaggregateofloans,discounts,acceptancesandadvances,includingoverdrafts,toeach |
|---|
| 901 | | - | 7individual,partnership,corporationorpersonwhoseliabilitytothebankortrustcompanyhas |
|---|
| 902 | | - | 8beencreated,extended,renewedorincreasedsincethecut-offdatepriortotheregular |
|---|
| 903 | | - | 9meetingbymorethananamounttobedeterminedbytheboardofdirectors,whichminimum |
|---|
| 904 | | - | 10amountshallnotexceedfivepercentofthebank'slegalloanlimit,excepttheminimum |
|---|
| 905 | | - | 11amountshallinnocasebelessthantenthousanddollars;asecondlistoftheaggregate |
|---|
| 906 | | - | 12indebtednessofeachborrowerwhoseaggregateindebtednessexceedsfivetimessuch |
|---|
| 907 | | - | 13minimumamount,excepttheaggregateindebtednessshallinnocasebelessthanfifty |
|---|
| 908 | | - | 14thousanddollars;andathirdlistshowingallpaperpastduethirtydaysormoreor |
|---|
| 909 | | - | 15alternatively,thethirdlistshallreportthetotalpast-dueratioforloansthirtydaysormore |
|---|
| 910 | | - | 16pastdue,nonaccrualloansdividedbytotalloans,andalistingofpast-dueloansinexcessof |
|---|
| 911 | | - | 17theminimumamounttobedeterminedbytheboardofdirectors,whichminimumamount |
|---|
| 912 | | - | HB707 25 18shallnotexceedfivepercentofthebank'slegalloanlimit,excepttheminimumamountshall |
|---|
| 913 | | - | 19innocasebelessthantenthousanddollars[; andafourthlistshowingtheaggregateofthe |
|---|
| 914 | | - | 20then-existingindebtednessandliabilitytothebankortrustcompanyofeachofthedirectors, |
|---|
| 915 | | - | 21officers,andemployeesthereof]. Theinformationcalledforinthesecond[,] andthird[, and |
|---|
| 916 | | - | 22fourth] listsshallbesubmittedasofthedateoftheregularmeetingorasofareasonabledate |
|---|
| 917 | | - | 23priorthereto.Nobillspayableshallbemade,andnobillsshallberediscountedbythebank |
|---|
| 918 | | - | 24ortrustcompanyexceptwiththeconsentorratificationoftheboardofdirectors;provided, |
|---|
| 919 | | - | 25however,thatifthebankortrustcompanyisamemberofthefederalreservesystem, |
|---|
| 920 | | - | 26rediscountsmaybemadetoitbytheofficersinaccordancewithitsrules,alistofall |
|---|
| 921 | | - | 27rediscountstobesubmittedtothenextregularmeetingoftheboard.Thedirectoroffinance |
|---|
| 922 | | - | 28mayrequire,byorder,thattheboardofdirectorsofabankortrustcompanyapproveor |
|---|
| 923 | | - | 29disapproveeverypurchaseorsaleofsecuritiesandeverydiscount,loan,acceptance,renewal |
|---|
| 924 | | - | 30orotheradvanceincludingeveryoverdraftoveranamounttobespecifiedinthedirector's |
|---|
| 925 | | - | 31orderandmayalsorequirethattheboardofdirectorsreview,ateachmonthlymeeting,alist |
|---|
| 926 | | - | 32oftheaggregateindebtednessofeachborrowerwhoseaggregateindebtednessexceedsan |
|---|
| 927 | | - | 33amounttobespecifiedinthedirector'sorder.Theminutesofthemeetingshallindicatethe |
|---|
| 928 | | - | 34compliancewiththerequirementsofthissection.Furthermore,thedebtor'sidentityonthe |
|---|
| 929 | | - | 35informationrequiredinthissubsectionmaybemaskedbycodetoconcealtheactualdebtor's |
|---|
| 930 | | - | 36identityonlyforinformationmailedtoorotherwiseprovideddirectorswhoarenotphysically |
|---|
| 931 | | - | 37presentattheboardmeeting.Thecodeusedshallberevealedtoalldirectorsatthebeginning |
|---|
| 932 | | - | 38ofeachboardmeetingforwhichthisprocedureisused. |
|---|
| 933 | | - | 39 2.Foranyissueinneedofimmediateaction,theboardofdirectorsortheexecutive |
|---|
| 934 | | - | 40committeeoftheboardasdefinedinsection362.253mayenterintoaunanimousconsent |
|---|
| 935 | | - | 41agreementaspermittedbysubsection2ofsection351.340.Suchconsentmaybe |
|---|
| 936 | | - | 42communicatedbyfacsimiletransmissionorbyotherauthenticatedrecord,separatelyby |
|---|
| 937 | | - | 43eachdirector,providedeachconsentissignedbythedirectorandthebankhasnoindication |
|---|
| 938 | | - | 44suchsignatureisnotthedirector'svalidconsent.Whenthebankortrustcompanyhas |
|---|
| 939 | | - | 45receivedunanimousconsentfromtheboardorexecutivecommittee,theactionvotedonshall |
|---|
| 940 | | - | 46beconsideredapproved. |
|---|
| 941 | | - | 362.295.1.Withintendaysafterserviceuponitofthenoticeprovidedforbysection |
|---|
| 942 | | - | 2361.130,everybankandtrustcompanyshallmakeawrittenreporttothedirector,which |
|---|
| 943 | | - | 3reportshallbeintheformandshallcontainthemattersprescribedbythedirectorandshall |
|---|
| 944 | | - | 4specificallystatetheitemsofcapital,deposits,specieandcashitems,publicsecuritiesand |
|---|
| 945 | | - | 5privatesecurities,realestateandrealestatesecurities,andsuchotheritemsasmaybe |
|---|
| 946 | | - | 6necessarytoinformthepublicastothefinancialconditionandsolvencyofthebankortrust |
|---|
| 947 | | - | 7company,orwhichthedirectormaydeempropertoincludetherein.Inlieuofrequiring |
|---|
| 948 | | - | 8directfilingofreportsofcondition,thedirectormayacceptreportsofconditionortheir |
|---|
| 949 | | - | HB707 26 9equivalentasfiledwithfederalregulatoryagenciesandmayrequireverificationandthefiling |
|---|
| 950 | | - | 10ofsupplementalinformationasthedirectordeemsnecessary. |
|---|
| 951 | | - | 11 2.Everyreportshallbeverifiedbytheoathsofthepresidentorvicepresidentand |
|---|
| 952 | | - | 12cashierorsecretaryorassistantcashierorassistantsecretary,andtheverificationshallstate |
|---|
| 953 | | - | 13thatthereportistrueandcorrectinallrespectstothebestoftheknowledgeandbeliefofthe |
|---|
| 954 | | - | 14personsverifyingit,andthereportshallbeattestedbythreedirectors,andshallbeareportof |
|---|
| 955 | | - | 15theactualconditionofthebankortrustcompanyatthecloseofbusinessontheday |
|---|
| 956 | | - | 16designatedandwhichdayshallbepriortothecall.Ifthedirectoroffinanceobtainsthedata |
|---|
| 957 | | - | 17pursuanttosubsection3ofsection361.130,thedirectormayrelyontheverificationprovided |
|---|
| 958 | | - | 18tothefederalregulatoryagency. |
|---|
| 959 | | - | 19 3.[Everyreport,exclusiveoftheverification,shall,withinthirtydaysafteritshall |
|---|
| 960 | | - | 20havebeenfiledwiththedirector,bepublishedbythebankortrustcompanyinonenewspaper |
|---|
| 961 | | - | 21oftheplacewhereitsplaceofbusinessislocated,orifnonewspaperispublishedthere,ina |
|---|
| 962 | | - | 22newspaperofgeneralcirculationinthetownandcommunityinwhichthebankortrust |
|---|
| 963 | | - | 23companyislocated;thenewspapertobedesignatedbytheboardofdirectorsandacopyof |
|---|
| 964 | | - | 24thepublication,withtheaffidavitofthepublisherthereto,shallbeattachedtothereport; |
|---|
| 965 | | - | 25provided,ifthebankortrustcompanyislocatedinatownorcityhavingapopulation |
|---|
| 966 | | - | 26exceedingtenthousandinhabitants,thenthepublicationmustbeinadailynewspaper,if |
|---|
| 967 | | - | 27publishedinthatcity;butifthebankortrustcompanyislocatedinatownorcityhavinga |
|---|
| 968 | | - | 28populationoftenthousandinhabitantsorless,thenthepublicationmaybeineitheradailyor |
|---|
| 969 | | - | 29weeklynewspaperpublishedinthetownorcityasaforesaid;andinallcasesacopyofthe |
|---|
| 970 | | - | 30statementshallbepostedinthebankinghouseaccessibletoall. |
|---|
| 971 | | - | 31 4.]Thebankandtrustcompanyshallalsomakesuchotherspecialreportstothe |
|---|
| 972 | | - | 32directorashemayfromtimetotimerequire,insuchformandatsuchdateasmaybe |
|---|
| 973 | | - | 33prescribedbyhim,andthereportshall,ifrequiredbyhim,beverifiedinsuchmannerashe |
|---|
| 974 | | - | 34mayprescribe. |
|---|
| 975 | | - | 35 [5.]4.Ifthebankortrustcompanyshallfailtomakeanyreportrequiredbythis |
|---|
| 976 | | - | 36sectiononorbeforethedaydesignatedforthemakingthereof,orshallfailtoincludetherein |
|---|
| 977 | | - | 37anymatterrequiredbythedirector,thebankortrustcompanyshallforfeittothestatethesum |
|---|
| 978 | | - | 38ofonehundreddollarsforeverydaythatthereportshallbedelayedorwithheld,andfor |
|---|
| 979 | | - | 39everydaythatitshallfailtoreportanyomittedmatter,unlessthetimethereforshallhave |
|---|
| 980 | | - | 40beenextendedbythedirector.Shouldanypresident,cashierorsecretaryofthebankortrust |
|---|
| 981 | | - | 41companyoranydirectorthereoffailtomakethestatementsorequiredofhimorthem,or |
|---|
| 982 | | - | 42willfullyandcorruptlymakeafalsestatement,heorthey,andeachofthem,shallbedeemed |
|---|
| 983 | | - | 43guiltyofamisdemeanor,and,uponconvictionthereof,uponinformation,punishedbyafine |
|---|
| 984 | | - | 44foreachoffensenotexceedingfivehundreddollarsandnotlessthanonehundreddollars,or |
|---|
| 985 | | - | HB707 27 45byimprisonmentnotlessthanoneormorethantwelvemonthsinthecityorcountyjail,orby |
|---|
| 986 | | - | 46bothsuchfineandimprisonment. |
|---|
| 987 | | - | 47 [6.]5.Abankortrustcompany[mayprovideeachwritten] shallprovideapaperor |
|---|
| 988 | | - | 48electroniccopyofanyregularperiodicreportrequiredtobe[publishedfreeofchargeto |
|---|
| 989 | | - | 49thepublic;andwheneachbankortrustcompanynotifiestheircustomersthatsuch |
|---|
| 990 | | - | 50informationisavailable;andwhenonecopyofsuchinformationisavailable] filedunder |
|---|
| 991 | | - | 51section361.130toeach[person] customerthatrequestsit[,thenewspaperpublication |
|---|
| 992 | | - | 52provisionsofthissectionshallnotbeenforcedagainstsuchbankortrustcompany]. |
|---|
| 993 | | - | 362.424.1.Forpurposesofthissection,thefollowingtermsmean: |
|---|
| 994 | | - | 2 (1)"Bank",includesanystateorfederallycharteredbank,savingsbank,or |
|---|
| 995 | | - | 3savingsandloanassociationprovidingbankingservicestocustomers; |
|---|
| 996 | | - | 4 (2)"Trustedcontact",anyadultpersondesignatedbyabankcustomerthata |
|---|
| 997 | | - | 5bankmaycontactintheeventofanemergencyorlossofcontactwiththecustomer,or |
|---|
| 998 | | - | 6suspectedthirdpartyfraudorfinancialexploitationtargetingthecustomer. |
|---|
| 999 | | - | 7 2.Notwithstandinganyotherprovisionoflawtothecontrary,anybankmay |
|---|
| 1000 | | - | 8reportsuspectedfraudulentactivityorfinancialexploitationtargetinganyofits |
|---|
| 1001 | | - | 9customerstoafederal,state,county,ormunicipallawenforcementagencyorany |
|---|
| 1002 | | - | 10appropriatepublicprotectiveagencyandshallbeimmunefromcivilliabilityindoing |
|---|
| 1003 | | - | 11so. |
|---|
| 1004 | | - | 12 3.Notwithstandinganyotherprovisionoflawtothecontrary,anybank,ona |
|---|
| 1005 | | - | 13voluntarybasis,mayofferatrustedcontactprogramtocustomerswhomaydesignate |
|---|
| 1006 | | - | 14oneormoretrustedcontactsforthebanktocontactintheeventacustomerisnot |
|---|
| 1007 | | - | 15responsivetobankcommunications,thebankispresentedwithanurgentmatteror |
|---|
| 1008 | | - | 16emergencyinvolvingthecustomerandthebankisunabletolocatethecustomer,orthe |
|---|
| 1009 | | - | 17banksuspectsfraudulentactivityorfinancialexploitationtargetingthecustomerorthe |
|---|
| 1010 | | - | 18accounthasbeendeemeddormantandthebankisattemptingtoverifythestatusand |
|---|
| 1011 | | - | 19locationofthecustomer.Thebankmayestablishsuchprocedures,requirements,and |
|---|
| 1012 | | - | 20formsasitdeemsappropriateandnecessaryshouldthebankopttoimplementatrusted |
|---|
| 1013 | | - | 21contactprogram. |
|---|
| 1014 | | - | 22 4.Notwithstandinganyotherprovisionoflawtothecontrary,anybankmay |
|---|
| 1015 | | - | 23voluntarilyoffercustomersanaccountwithconvenienceandsecurityfeaturesthatset |
|---|
| 1016 | | - | 24transactionlimitsandpermitlimitedaccesstoviewaccountactivityforoneormore |
|---|
| 1017 | | - | 25trustedcontactsdesignatedbythecustomer. |
|---|
| 1018 | | - | 26 5.Nobankshallbeliablefortheactionsofatrustedcontact. |
|---|
| 1019 | | - | 27 6.Nobankshallbeliablefordecliningtointeractwithatrustedcontactwhen |
|---|
| 1020 | | - | 28thebank,ingoodfaithandexercisingreasonablecare,determinesthatatrustedcontact |
|---|
| 1021 | | - | 29isnotactinginthebestinterestsofthecustomer. |
|---|
| 1022 | | - | HB707 28 30 7.Apersondesignatedbyacustomerasatrustedcontactwhoactsingoodfaith |
|---|
| 1023 | | - | 31andexercisesreasonablecareshallbeimmunefromliability. |
|---|
| 1024 | | - | 32 8.Acustomermaywithdrawanyappointmentofapersonasatrustedcontactat |
|---|
| 1025 | | - | 33anytimeandanytrustedcontactmaywithdrawfromstatusasatrustedcontactatany |
|---|
| 1026 | | - | 34time.Thebankmayrequiresuchdocumentationorverificationasitdeemsnecessaryto |
|---|
| 1027 | | - | 35establishthewithdrawalorterminationofatrustedcontact. |
|---|
| 1028 | | - | 36 9.Nobankshallbecivillyliableforimplementingornotimplementingorfor |
|---|
| 1029 | | - | 37actionsoromissionsrelatedtoprovidingoradministeringatrustedcontactprogram. |
|---|
| 1030 | | - | 362.490.1.Notwithstandinganyprovisionoflawofthisstateorofanypolitical |
|---|
| 1031 | | - | 2subdivisionthereofrequiringsecurityfordepositsintheformofcollateral,suretybondorin |
|---|
| 1032 | | - | 3anyotherform,securityforsuchdepositsshallnotberequiredtotheextentsaiddepositsare |
|---|
| 1033 | | - | 4insuredundertheprovisionsofanactofcongresscreatingandestablishingtheFederal |
|---|
| 1034 | | - | 5DepositInsuranceCorporationorsimilaragencycreatedandestablishedbytheCongressof |
|---|
| 1035 | | - | 6theUnitedStates. |
|---|
| 1036 | | - | 7 2.(1)Asanalternativetotherequirementsfordirectpledgingofsecurityfor |
|---|
| 1037 | | - | 8depositofpublicfundsinexcessoftheamountthatisfederallyinsuredorguaranteed |
|---|
| 1038 | | - | 9pursuanttosections110.010,110.020,and110.060,abankinginstitutionauthorizedas |
|---|
| 1039 | | - | 10legaldepositaryforpublicfundsmaysecurethedepositsofanygovernmentalentityby |
|---|
| 1040 | | - | 11grantingasecurityinterestinasinglepoolofsecuritiestosecuretherepaymentofall |
|---|
| 1041 | | - | 12publicfundsdepositedinthebankinginstitutionbysuchgovernmentalentitiesandnot |
|---|
| 1042 | | - | 13otherwisefederallyinsuredorsecuredpursuanttolaw. |
|---|
| 1043 | | - | 14 (2)Abankinginstitutionmaysecurethedepositofpublicfundsusingthedirect |
|---|
| 1044 | | - | 15methodasprovidedinchapter110,orthesinglebankpooledmethodprovidedinthis |
|---|
| 1045 | | - | 16section,ormayelecttooffergovernmententitiesthechoiceofeithermethodtosecure |
|---|
| 1046 | | - | 17thedepositofpublicfunds. |
|---|
| 1047 | | - | 18 (3)Underthedirectmethodabankinginstitutionmaysecurethedepositof |
|---|
| 1048 | | - | 19publicfundsofeachgovernmententityseparatelybyfurnishingsecuritiespursuantto |
|---|
| 1049 | | - | 20sections110.010,110.020,and110.060. |
|---|
| 1050 | | - | 21 (4)Underthesinglebankpooledmethodabankinginstitutionmaysecurethe |
|---|
| 1051 | | - | 22depositofpublicfundsofoneormoregovernmententitiesthroughapoolofeligible |
|---|
| 1052 | | - | 23securitiesheldincustodyandsafekeepingwithoneormoreotherbankinginstitutions |
|---|
| 1053 | | - | 24orsafedepositaries,tobeheldsubjecttotheorderofthedirectorofthedivisionof |
|---|
| 1054 | | - | 25financeortheadministratorappointedpursuanttosubsection3ofthissectionforthe |
|---|
| 1055 | | - | 26benefitofthegovernmententitieshavingpublicfundsdepositedwithsuchbanking |
|---|
| 1056 | | - | 27institutionassetforthinthissection. |
|---|
| 1057 | | - | 28 3.(1)Thedirectorofthedivisionoffinanceshallhaveexclusiveauthorityto |
|---|
| 1058 | | - | 29appointabank,trustcompany,orassociationforMissouribankswhichischarteredor |
|---|
| 1059 | | - | HB707 29 30incorporatedinMissouri,toserveastheadministratorwithrespecttoasinglebank |
|---|
| 1060 | | - | 31pooledmethod.Theadministratorshallactasanagentforbankinginstitutionsandas |
|---|
| 1061 | | - | 32thenomineeofthegovernmententitiesforpurposesofadministeringthepoolof |
|---|
| 1062 | | - | 33securitiespledgedtosecureuninsuredpublicfunddeposits.Thefeesandexpensesof |
|---|
| 1063 | | - | 34suchadministratorshallbepaidbythebankinginstitutionsutilizingthesinglebank |
|---|
| 1064 | | - | 35pooledmethod.Thesinglebankpooledmethodshallnotbeutilizedbyanybanking |
|---|
| 1065 | | - | 36institutionunlessanadministratorhasbeenappointedbythedirectorpursuanttothis |
|---|
| 1066 | | - | 37sectionandisactingastheadministrator.Thedirectormayrequiretheadministrator |
|---|
| 1067 | | - | 38topostasuretybondorsecuritytothedirectorinanamountuptoonehundred |
|---|
| 1068 | | - | 39thousanddollarstoassurethefaithfulperformanceofthedutiesoftheadministrator. |
|---|
| 1069 | | - | 40 (2)Atalltimestheaggregatemarketvalueofthepoolofsecuritiessodeposited, |
|---|
| 1070 | | - | 41pledged,orinwhichasecurityinterestisgrantedshallbeatleastequaltoonehundred |
|---|
| 1071 | | - | 42twopercentoftheamountondepositwhichisinexcessoftheamountsoinsured. |
|---|
| 1072 | | - | 43 (3)Eachbankinginstitutionshallcarryonitsaccountingrecordsatalltimesa |
|---|
| 1073 | | - | 44generalledgerorotherappropriateaccountofthetotalamountofallpublicfundstobe |
|---|
| 1074 | | - | 45securedbythepoolofsecuritiesasdeterminedattheopeningofbusinesseachday,and |
|---|
| 1075 | | - | 46theaggregatemarketvalueofthepoolofsecuritiespledged,orinwhichasecurity |
|---|
| 1076 | | - | 47interestisgrantedtosecuresuchpublicfunds. |
|---|
| 1077 | | - | 48 (4)Ifabankinginstitutionelectstosecurethedepositofpublicfundsthrough |
|---|
| 1078 | | - | 49theuseofthesinglebankpooledmethod,suchbankinginstitutionshallnotifythe |
|---|
| 1079 | | - | 50administratorinwritingthatithaselectedtoutilizethesinglebankpooledmethodand |
|---|
| 1080 | | - | 51theproposedeffectivedatethereofandentersuchagreementastheadministratormay |
|---|
| 1081 | | - | 52require. |
|---|
| 1082 | | - | 53 (5)Abankinginstitutionmaynotretainanydepositofpublicfundswhichis |
|---|
| 1083 | | - | 54requiredtobesecuredunlessithassecuredthedepositsforthebenefitofthe |
|---|
| 1084 | | - | 55governmententitieshavingpublicfundswithsuchbankinginstitutionpursuanttothis |
|---|
| 1085 | | - | 56section. |
|---|
| 1086 | | - | 57 (6)Onlythesecuritiesandcollateraldescribedorlistedpursuanttosection |
|---|
| 1087 | | - | 5830.270forthesafekeepingandpaymentofdepositsbythestatetreasurermaybe |
|---|
| 1088 | | - | 59providedandacceptedassecurityforthedepositofpublicfundsandshallbeeligibleas |
|---|
| 1089 | | - | 60collateral.Theadministratorshallnotacceptanysecuritieswhicharenotdescribedor |
|---|
| 1090 | | - | 61listedpursuanttosection30.270. |
|---|
| 1091 | | - | 62 (7)Theadministratormayestablishsuchproceduresandreporting |
|---|
| 1092 | | - | 63requirementsasnecessaryfordepositorybankinginstitutionsandtheirsafekeeping |
|---|
| 1093 | | - | 64banksordepositariestoconfirmtheamountofinsuredpublicfunddeposits,thepledge |
|---|
| 1094 | | - | 65ofsecuritiestotheadministratortosecurethedepositofpublicfunds,asagentforeach |
|---|
| 1095 | | - | 66participatingbankinginstitution,andtomonitorthemarketvalueofpledgedsecurities |
|---|
| 1096 | | - | HB707 30 67asreportedbythecustodyagents,andtoadd,substitute,orremovesecuritiesheldin |
|---|
| 1097 | | - | 68thesinglebankpoolasdirectedbythedepositorybankinginstitution. |
|---|
| 1098 | | - | 69 (8)Intheeventofthefailureandinsolvencyofabankinginstitutionusingthe |
|---|
| 1099 | | - | 70singlebankpooledmethod,subjecttoanyorderofthedirectorpursuanttopowers |
|---|
| 1100 | | - | 71vestedunderchapter361,theadministratorshalldirectthesafekeepingbanksor |
|---|
| 1101 | | - | 72depositariestosellthepledgedsecuritiesanddirectproceedstothepaymentofthe |
|---|
| 1102 | | - | 73uninsuredpublicfunddepositsortotransferthepledgedsecuritiestothatbanking |
|---|
| 1103 | | - | 74institution'sprimarysupervisoryagencyorthedulyappointedreceiverforthebanking |
|---|
| 1104 | | - | 75institutiontobeliquidatedtopayouttheuninsuredpublicfunddeposits. |
|---|
| 1105 | | - | 370.245.1.Forpurposesofthissection,thefollowingtermsmean: |
|---|
| 1106 | | - | 2 (1)"Creditunion",anystateorfederallycharteredcreditunionproviding |
|---|
| 1107 | | - | 3financialservicestomembers; |
|---|
| 1108 | | - | 4 (2)"Trustedcontact",anyadultpersondesignatedbyacreditunionmember |
|---|
| 1109 | | - | 5thatacreditunionmaycontactintheeventofanemergencyorlossofcontactwiththe |
|---|
| 1110 | | - | 6member,orsuspectedthirdpartyfraudorfinancialexploitationtargetingthemember. |
|---|
| 1111 | | - | 7 2.Notwithstandinganyotherprovisionoflawtothecontrary,anycreditunion |
|---|
| 1112 | | - | 8mayreportsuspectedfraudulentactivityorfinancialexploitationtargetinganyofits |
|---|
| 1113 | | - | 9memberstoafederal,state,county,ormunicipallawenforcementagencyorany |
|---|
| 1114 | | - | 10appropriatepublicprotectiveagencyandshallbeimmunefromcivilliabilityindoing |
|---|
| 1115 | | - | 11so. |
|---|
| 1116 | | - | 12 3.Notwithstandinganyotherprovisionoflawtothecontrary,anycreditunion, |
|---|
| 1117 | | - | 13onavoluntarybasis,mayofferatrustedcontactprogramtomemberswhomay |
|---|
| 1118 | | - | 14designateoneormoretrustedcontactsforthecredituniontocontactintheeventa |
|---|
| 1119 | | - | 15memberisnotresponsivetocreditunioncommunications,thecreditunionispresented |
|---|
| 1120 | | - | 16withanurgentmatteroremergencyinvolvingthememberandthecreditunionis |
|---|
| 1121 | | - | 17unabletolocatethemember,orthecreditunionsuspectsfraudulentactivityorfinancial |
|---|
| 1122 | | - | 18exploitationtargetingthememberortheaccounthasbeendeemeddormantandthe |
|---|
| 1123 | | - | 19creditunionisattemptingtoverifythestatusandlocationofthemember.Thecredit |
|---|
| 1124 | | - | 20unionmayestablishsuchprocedures,requirements,andformsasitdeemsappropriate |
|---|
| 1125 | | - | 21andnecessaryshouldthecreditunionopttoimplementatrustedcontactprogram. |
|---|
| 1126 | | - | 22 4.Notwithstandinganyotherprovisionoflawtothecontrary,anycreditunion |
|---|
| 1127 | | - | 23mayvoluntarilyoffermembersanaccountwithconvenienceandsecurityfeaturesthat |
|---|
| 1128 | | - | 24settransactionlimitsandpermitlimitedaccesstoviewaccountactivityforoneormore |
|---|
| 1129 | | - | 25trustedcontactsdesignatedbythemember. |
|---|
| 1130 | | - | 26 5.Nocreditunionshallbeliablefortheactionsofatrustedcontact. |
|---|
| 1131 | | - | HB707 31 27 6.Nocreditunionshallbeliablefordecliningtointeractwithatrustedcontact |
|---|
| 1132 | | - | 28whenthecreditunion,ingoodfaithandexercisingreasonablecare,determinesthata |
|---|
| 1133 | | - | 29trustedcontactisnotactinginthebestinterestsofthemember. |
|---|
| 1134 | | - | 30 7.Apersondesignatedbyamemberasatrustedcontactwhoactsingoodfaith |
|---|
| 1135 | | - | 31andexercisesreasonablecareshallbeimmunefromliability. |
|---|
| 1136 | | - | 32 8.Amembermaywithdrawanyappointmentofapersonasatrustedcontactat |
|---|
| 1137 | | - | 33anytimeandanytrustedcontactmaywithdrawfromstatusasatrustedcontactatany |
|---|
| 1138 | | - | 34time.Thecreditunionmayrequiresuchdocumentationorverificationasitdeems |
|---|
| 1139 | | - | 35necessarytoestablishthewithdrawalorterminationofatrustedcontact. |
|---|
| 1140 | | - | 36 9.Nocreditunionshallbecivillyliableforimplementingornotimplementingor |
|---|
| 1141 | | - | 37foractionsoromissionsrelatedtoprovidingoradministeringatrustedcontact |
|---|
| 1142 | | - | 38program. |
|---|
| 1143 | | - | 425.310.1.Adebtcollector,includingadebtcollectionattorneyorlawfirm, |
|---|
| 1144 | | - | 2shallbeauthorizedtocollectapaymenttransactionfeefromaperson,business,orother |
|---|
| 1145 | | - | 3payormakingacreditcardoranelectronicpaymentnottoexceedthelesseroftwenty- |
|---|
| 1146 | | - | 4fivedollarsorthreepercentofthepaymentamount,notincludingthefee,providedthe |
|---|
| 1147 | | - | 5followingaredisclosedtotheperson,business,orotherpayorpriortothetimethe |
|---|
| 1148 | | - | 6transactioniscomplete: |
|---|
| 1149 | | - | 7 (1)Thatapaymenttransactionfeeistobecollected; |
|---|
| 1150 | | - | 8 (2)Theamountofthepaymenttransactionfeeormethodofitscalculation, |
|---|
| 1151 | | - | 9whichincludesapercentageaslimitedunderthissection;and |
|---|
| 1152 | | - | 10 (3)Atleastonealternativepaymentmethodforwhichtherewouldbeno |
|---|
| 1153 | | - | 11paymenttransactionfee. |
|---|
| 1154 | | - | 12 2.Anoticeinsubstantiallythefollowingformcomplieswiththeprovisions |
|---|
| 1155 | | - | 13undersubsection1ofthissection: |
|---|
| 1156 | | - | 14 |
|---|
| 1157 | | - | 15"NOTICE:Apaymenttransactionfeewillbecollectedtocompletethismethodof |
|---|
| 1158 | | - | 16paymentintheamountof($____)(____%oftheamounttobepaid,limitedtothree |
|---|
| 1159 | | - | 17percent).Ifyouwanttoavoidthispaymenttransactionfee,youmayinsteadpayby(set |
|---|
| 1160 | | - | 18outavailablenonfeepaymentmethods(s)).". |
|---|
| 1161 | | - | 427.300.1.Thissectionshallbeknownandmaybecitedasthe"Commercial |
|---|
| 1162 | | - | 2FinancingDisclosureLaw". |
|---|
| 1163 | | - | 3 2.Forpurposesofthissection,thefollowingtermsmean: |
|---|
| 1164 | | - | 4 (1)"Account"; |
|---|
| 1165 | | - | 5 (a)Includes: |
|---|
| 1166 | | - | 6 a.Arighttopaymentofamonetaryobligation,regardlessofwhetherearnedby |
|---|
| 1167 | | - | 7performance,foroneofthefollowing: |
|---|
| 1168 | | - | HB707 32 8 (i)Propertythathasbeenoristobesold,leased,licensed,assigned,orotherwise |
|---|
| 1169 | | - | 9disposedof; |
|---|
| 1170 | | - | 10 (ii)Servicesrenderedortoberendered; |
|---|
| 1171 | | - | 11 (iii)Apolicyofinsuranceissuedortobeissued; |
|---|
| 1172 | | - | 12 (iv)Asecondaryobligationincurredortobeincurred; |
|---|
| 1173 | | - | 13 (v)Energyprovidedortobeprovided; |
|---|
| 1174 | | - | 14 (vi)Theuseorhireofavesselunderacharterorothercontract; |
|---|
| 1175 | | - | 15 (vii)Arisingoutoftheuseofacreditorchargecardorinformationcontainedonor |
|---|
| 1176 | | - | 16forusewiththecard;or |
|---|
| 1177 | | - | 17 (viii)Aswinningsinalotteryorothergameofchanceoperatedorsponsoredbya |
|---|
| 1178 | | - | 18state,governmentalunitofastate,orpersonlicensedorauthorizedtooperatethegamebya |
|---|
| 1179 | | - | 19stateorgovernmentalunitofastate;and |
|---|
| 1180 | | - | 20 b.Health-care-insurancereceivables;and |
|---|
| 1181 | | - | 21 (b)Doesnotinclude: |
|---|
| 1182 | | - | 22 a.Rightstopaymentevidencedbychattelpaperoraninstrument; |
|---|
| 1183 | | - | 23 b.Commercialtortclaims; |
|---|
| 1184 | | - | 24 c.Depositaccounts; |
|---|
| 1185 | | - | 25 d.Investmentproperty; |
|---|
| 1186 | | - | 26 e.Letter-of-creditrightsorlettersofcredit;or |
|---|
| 1187 | | - | 27 f.Rightstopaymentformoneysorfundsadvancedorsold,otherthanrightsarising |
|---|
| 1188 | | - | 28outoftheuseofacreditorchargecardorinformationcontainedonorforusewiththecard; |
|---|
| 1189 | | - | 29 (2)"Accountsreceivablepurchasetransaction",anytransactioninwhichthebusiness |
|---|
| 1190 | | - | 30forwardsorotherwisesellstotheprovideralloraportionofthebusiness'saccountsor |
|---|
| 1191 | | - | 31paymentintangiblesatadiscounttotheirexpectedvalue.Theprovider'scharacterizationof |
|---|
| 1192 | | - | 32anaccountsreceivablepurchasetransactionasapurchaseisconclusivethattheaccounts |
|---|
| 1193 | | - | 33receivablepurchasetransactionisnotaloanoratransactionfortheuse,forbearance,or |
|---|
| 1194 | | - | 34detentionofmoney; |
|---|
| 1195 | | - | 35 (3)"Broker",anypersonwho,forcompensationortheexpectationofcompensation, |
|---|
| 1196 | | - | 36obtainsacommercialfinancingtransactionoranofferforacommercialfinancingtransaction |
|---|
| 1197 | | - | 37fromathirdpartythatwould,ifexecuted,bebindinguponthatthirdpartyandcommunicates |
|---|
| 1198 | | - | 38thatoffertoabusinesslocatedinthisstate.Thetermbrokerexcludesaprovider,orany |
|---|
| 1199 | | - | 39individualorentitywhosecompensationisnotbasedordependentonthetermsofthe |
|---|
| 1200 | | - | 40specificcommercialfinancingtransactionobtainedoroffered; |
|---|
| 1201 | | - | 41 (4)"Business",anindividualorgroupofindividuals,soleproprietorship,corporation, |
|---|
| 1202 | | - | 42limitedliabilitycompany,trust,estate,cooperative,association,orlimitedorgeneral |
|---|
| 1203 | | - | 43partnershipengagedinabusinessactivity; |
|---|
| 1204 | | - | HB707 33 44 (5)"Businesspurposetransaction",anytransactionwheretheproceedsareprovided |
|---|
| 1205 | | - | 45toabusinessorareintendedtobeusedtocarryonabusinessandnotforpersonal,family,or |
|---|
| 1206 | | - | 46householdpurposes.Forpurposesofdeterminingwhetheratransactionisabusinesspurpose |
|---|
| 1207 | | - | 47transaction,theprovidermayrelyonanywrittenstatementofintendedpurposesignedbythe |
|---|
| 1208 | | - | 48business.Thestatementmaybeaseparatestatementormaybecontainedinanapplication, |
|---|
| 1209 | | - | 49agreement,orotherdocumentsignedbythebusinessorthebusinessownerorowners; |
|---|
| 1210 | | - | 50 (6)"Commercialfinancingfacility",aprovider'splanforpurchasingmultiple |
|---|
| 1211 | | - | 51accountsreceivablefromtherecipientoveraperiodoftimepursuanttoanagreementthatsets |
|---|
| 1212 | | - | 52forththetermsandconditionsgoverningtheuseofthefacility; |
|---|
| 1213 | | - | 53 (7)"Commercialfinancingtransaction",anycommercialloan,accountsreceivable |
|---|
| 1214 | | - | 54purchasetransaction,commercialopen-endcreditplanoreachtotheextentthetransactionis |
|---|
| 1215 | | - | 55abusinesspurposetransaction; |
|---|
| 1216 | | - | 56 (8)"Commercialloan",aloantoabusiness,whethersecuredorunsecured; |
|---|
| 1217 | | - | 57 (9)"Commercialopen-endcreditplan",commercialfinancingextendedbyany |
|---|
| 1218 | | - | 58providerunderaplaninwhich: |
|---|
| 1219 | | - | 59 (a)Theproviderreasonablycontemplatesrepeattransactions;and |
|---|
| 1220 | | - | 60 (b)Theamountoffinancingthatmaybeextendedtothebusinessduringthetermof |
|---|
| 1221 | | - | 61theplan,uptoanylimitsetbytheprovider,isgenerallymadeavailabletotheextentthatany |
|---|
| 1222 | | - | 62outstandingbalanceisrepaid; |
|---|
| 1223 | | - | 63 (10)"Depositoryinstitution",anyofthefollowing: |
|---|
| 1224 | | - | 64 (a)Abank,trustcompany,orindustrialloancompanydoingbusinessunderthe |
|---|
| 1225 | | - | 65authorityof,orinaccordancewith,alicense,certificate,orcharterissuedbytheUnited |
|---|
| 1226 | | - | 66States,thisstate,oranyotherstate,district,territory,orcommonwealthoftheUnitedStates |
|---|
| 1227 | | - | 67thatisauthorizedtotransactbusinessinthisstate; |
|---|
| 1228 | | - | 68 (b)Afederallycharteredsavingsandloanassociation,federalsavingsbank,or |
|---|
| 1229 | | - | 69federalcreditunionthatisauthorizedtotransactbusinessinthisstate;or |
|---|
| 1230 | | - | 70 (c)Asavingsandloanassociation,savingsbank,orcreditunionorganizedunderthe |
|---|
| 1231 | | - | 71lawsofthisoranyotherstatethatisauthorizedtotransactbusinessinthisstate; |
|---|
| 1232 | | - | 72 (11)"Generalintangible",anypersonalproperty,includingthingsinaction,other |
|---|
| 1233 | | - | 73thanaccounts,chattelpaper,commercialtortclaims,depositaccounts,documents,goods, |
|---|
| 1234 | | - | 74instruments,investmentproperty,letter-of-creditrights,lettersofcredit,money,andoil,gas, |
|---|
| 1235 | | - | 75orothermineralsbeforeextraction.Generalintangiblealsoincludespaymentintangiblesand |
|---|
| 1236 | | - | 76software; |
|---|
| 1237 | | - | 77 (12)"Paymentintangible",ageneralintangibleunderwhichtheaccountdebtor's |
|---|
| 1238 | | - | 78principalobligationisamonetaryobligation; |
|---|
| 1239 | | - | 79 (13)"Provider",apersonwhoconsummatesmorethanfivecommercialfinancing |
|---|
| 1240 | | - | 80transactionstoabusinesslocatedinthisstateinanycalendaryear.Provideralsoincludesa |
|---|
| 1241 | | - | HB707 34 81personthatentersintoawrittenagreementwithadepositoryinstitutiontoarrangeforthe |
|---|
| 1242 | | - | 82extensionofacommercialfinancingtransactionbythedepositoryinstitutiontoabusinessvia |
|---|
| 1243 | | - | 83anonlinelendingplatformadministeredbytheperson.Thefactthataproviderextendsa |
|---|
| 1244 | | - | 84specificofferforacommercialfinancingtransactiononbehalfofadepositoryinstitution |
|---|
| 1245 | | - | 85shallnotbeconstruedtomeanthattheproviderengagedinlendingorfinancingororiginated |
|---|
| 1246 | | - | 86thatloanorfinancing. |
|---|
| 1247 | | - | 87 3.(1)Aproviderthatconsummatesacommercialfinancingtransactionshalldisclose |
|---|
| 1248 | | - | 88thetermsofthecommercialfinancingtransactionasrequiredbythissection.Thedisclosures |
|---|
| 1249 | | - | 89shallbeprovidedatorbeforeconsummationofthetransaction.Onlyonedisclosureis |
|---|
| 1250 | | - | 90requiredforeachcommercialfinancingtransaction,andadisclosureisnotrequiredasaresult |
|---|
| 1251 | | - | 91ofthemodification,forbearance,orchangetoaconsummatedcommercialfinancing |
|---|
| 1252 | | - | 92transaction. |
|---|
| 1253 | | - | 93 (2)Aprovidershalldisclosethefollowinginconnectionwitheachcommercial |
|---|
| 1254 | | - | 94financingtransaction: |
|---|
| 1255 | | - | 95 (a)Thetotalamountoffundsprovidedtothebusinessunderthetermsofthe |
|---|
| 1256 | | - | 96commercialfinancingtransactionagreement.Thisdisclosureshallbelabeled"TotalAmount |
|---|
| 1257 | | - | 97ofFundsProvided"; |
|---|
| 1258 | | - | 98 (b)Thetotalamountoffundsdisbursedtothebusinessunderthetermsofthe |
|---|
| 1259 | | - | 99commercialfinancingtransaction,iflessthanthetotalamountoffundsprovided,asaresult |
|---|
| 1260 | | - | 100ofanyfeesdeductedorwithheldatdisbursementandanyamountpaidtoathirdpartyon |
|---|
| 1261 | | - | 101behalfofthebusiness.Thisdisclosureshallbelabeled"TotalAmountofFundsDisbursed"; |
|---|
| 1262 | | - | 102 (c)Thetotalamounttobepaidtotheproviderpursuanttothecommercialfinancing |
|---|
| 1263 | | - | 103transactionagreement.Thisdisclosureshallbelabeled"TotalofPayments"; |
|---|
| 1264 | | - | 104 (d)Thetotaldollarcostofthecommercialfinancingtransactionunderthetermsof |
|---|
| 1265 | | - | 105theagreement,derivedbysubtractingthetotalamountoffundsprovidedfromthetotalof |
|---|
| 1266 | | - | 106payments.Thiscalculationshallincludeanyfeesorchargesdeductedbytheproviderfrom |
|---|
| 1267 | | - | 107the"TotalAmountofFundsProvided".Thisdisclosureshallbelabeled"TotalDollarCostof |
|---|
| 1268 | | - | 108Financing"; |
|---|
| 1269 | | - | 109 (e)Themanner,frequency,andamountofeachpayment.Thisdisclosureshallbe |
|---|
| 1270 | | - | 110labeled"Payments".Ifthepaymentsmayvary,theprovidershallinsteaddisclosethe |
|---|
| 1271 | | - | 111manner,frequency,andtheestimatedamountoftheinitialpaymentlabeled"Estimated |
|---|
| 1272 | | - | 112Payments"andthecommercialfinancingtransactionagreementshallincludeadescriptionof |
|---|
| 1273 | | - | 113themethodologyforcalculatinganyvariablepaymentandthecircumstanceswhenpayments |
|---|
| 1274 | | - | 114mayvary; |
|---|
| 1275 | | - | 115 (f)Astatementofwhetherthereareanycostsordiscountsassociatedwith |
|---|
| 1276 | | - | 116prepaymentofthecommercialfinancingproductincludingareferencetotheparagraphinthe |
|---|
| 1277 | | - | HB707 35 117agreementthatcreatesthecontractualrightsofthepartiesrelatedtoprepayment.This |
|---|
| 1278 | | - | 118disclosureshallbelabeled"Prepayment";and |
|---|
| 1279 | | - | 119 (3)Aproviderthatconsummatesacommercialfinancingfacilitymayprovide |
|---|
| 1280 | | - | 120disclosuresofthissubsectionwhicharebasedonanexampleofatransactionthatcouldoccur |
|---|
| 1281 | | - | 121undertheagreement.Theexampleshallbebasedonanaccountsreceivabletotalfaceamount |
|---|
| 1282 | | - | 122owedoftenthousanddollars.Onlyonedisclosureisrequiredforeachcommercialfinancing |
|---|
| 1283 | | - | 123facility,andadisclosureisnotrequiredasresultofamodification,forbearance,orchangeto |
|---|
| 1284 | | - | 124thefacility.Anewdisclosureisnotrequiredeachtimeaccountsreceivablearepurchased |
|---|
| 1285 | | - | 125underthefacility. |
|---|
| 1286 | | - | 126 4.Theprovisionsofthissectionshallnotapplytothefollowing: |
|---|
| 1287 | | - | 127 (1)Aproviderthatisadepositoryinstitutionorasubsidiaryoraffiliate; |
|---|
| 1288 | | - | 128 (2)Aproviderthatisaservicecorporationtoadepositoryinstitutionthatis: |
|---|
| 1289 | | - | 129 (a)Ownedandcontrolledbyadepositoryinstitution;and |
|---|
| 1290 | | - | 130 (b)Regulatedbyafederalbankingagency; |
|---|
| 1291 | | - | 131 (3)AproviderthatisalenderregulatedunderthefederalFarmCreditAct,12U.S.C. |
|---|
| 1292 | | - | 132Section2001,etseq.; |
|---|
| 1293 | | - | 133 (4)Acommercialfinancingtransactionthatis: |
|---|
| 1294 | | - | 134 (a)Securedbyrealproperty; |
|---|
| 1295 | | - | 135 (b)Alease;or |
|---|
| 1296 | | - | 136 (c)Apurchasemoneyobligationthatisincurredasallorpartofthepriceofthe |
|---|
| 1297 | | - | 137collateralorforvaluegiventoenablethebusinesstoacquirerightsinortheuseofthe |
|---|
| 1298 | | - | 138collateralifthevalueisinfactsoused; |
|---|
| 1299 | | - | 139 (5)Acommercialfinancingtransactioninwhichtherecipientisamotorvehicle |
|---|
| 1300 | | - | 140dealeroranaffiliateofsuchadealer,oravehiclerentalcompany,oranaffiliateofsucha |
|---|
| 1301 | | - | 141company,pursuanttoacommercialloanorcommercialopen-endcreditplanofatleastfifty |
|---|
| 1302 | | - | 142thousanddollarsoracommercialfinancingtransactionofferedbyapersoninconnectionwith |
|---|
| 1303 | | - | 143thesaleorleaseofproductsorservicesthatsuchpersonmanufactures,licenses,or |
|---|
| 1304 | | - | 144distributes,orwhoseparentcompanyoranyofitsdirectlyorindirectlyownedandcontrolled |
|---|
| 1305 | | - | 145subsidiariesmanufactures,licenses,ordistributes; |
|---|
| 1306 | | - | 146 (6)Acommercialfinancingtransactionthatisafactoringtransaction,purchase,sale, |
|---|
| 1307 | | - | 147advance,orsimilarofaccountsreceivableowedtoahealthcareproviderbecauseofa |
|---|
| 1308 | | - | 148patient'spersonalinjurytreatedbythehealthcareprovider; |
|---|
| 1309 | | - | 149 (7)Aproviderthatislicensedasamoneytransmitterinaccordancewithalicense, |
|---|
| 1310 | | - | 150certificate,orcharterissuedbythisstateoranyotherstate,district,territory,or |
|---|
| 1311 | | - | 151commonwealthoftheUnitedStates; |
|---|
| 1312 | | - | 152 (8)Aproviderthatconsummatesnomorethanfivecommercialfinancing |
|---|
| 1313 | | - | 153transactionsinthisstateinatwelve-monthperiod;[or] |
|---|
| 1314 | | - | HB707 36 154 (9)Acommercialfinancingtransactionofmorethanfivehundredthousanddollars; |
|---|
| 1315 | | - | 155or |
|---|
| 1316 | | - | 156 (10)Acommercialfinancingproductthatisapremiumfinanceagreement,as |
|---|
| 1317 | | - | 157definedinsubdivision(3)ofsection364.100,offeredorenteredintobyaproviderthatis |
|---|
| 1318 | | - | 158aregisteredpremiumfinancecompany. |
|---|
| 1319 | | - | 159 5.(1)Nopersonshallengageinbusinessasabrokerwithinthisstatefor |
|---|
| 1320 | | - | 160compensation,unlesspriortoconductingsuchbusiness,thepersonhasfiledaregistration |
|---|
| 1321 | | - | 161withthedivisionoffinancewithinthedepartmentofcommerceandinsuranceandhasonfile |
|---|
| 1322 | | - | 162agoodandsufficientbondasspecifiedinthissubsection.Theregistrationshallbeeffective |
|---|
| 1323 | | - | 163uponreceiptbythedivisionoffinanceofacompletedregistrationformandtherequired |
|---|
| 1324 | | - | 164registrationfee,andshallremaineffectiveuntilthetimeofrenewal. |
|---|
| 1325 | | - | 165 (2)Afterfilinganinitialregistrationform,abrokershallfile,onorbeforeJanuary |
|---|
| 1326 | | - | 166thirty-firstofeachyear,arenewalregistrationformalongwiththerequiredrenewal |
|---|
| 1327 | | - | 167registrationfee. |
|---|
| 1328 | | - | 168 (3)Thebrokershallpayaone-hundred-dollarregistrationfeeuponthefilingofan |
|---|
| 1329 | | - | 169initialregistrationandafifty-dollarrenewalregistrationfeeuponthefilingofarenewal |
|---|
| 1330 | | - | 170registration. |
|---|
| 1331 | | - | 171 (4)Theregistrationformrequiredbythissubsectionshallincludethefollowing: |
|---|
| 1332 | | - | 172 (a)Thenameofthebroker; |
|---|
| 1333 | | - | 173 (b)Thenameinwhichthebrokeristransactedifdifferentfromthatstatedin |
|---|
| 1334 | | - | 174paragraph(a)ofthissubdivision; |
|---|
| 1335 | | - | 175 (c)Theaddressofthebroker'sprincipaloffice,whichmaybeoutsidethisstate; |
|---|
| 1336 | | - | 176 (d)Whetheranyofficer,director,manager,operator,orprincipalofthebrokerhas |
|---|
| 1337 | | - | 177beenconvictedofafelonyinvolvinganactoffraud,dishonesty,breachoftrust,ormoney |
|---|
| 1338 | | - | 178laundering;and |
|---|
| 1339 | | - | 179 (e)Thenameandaddressinthisstateofadesignatedagentuponwhomserviceof |
|---|
| 1340 | | - | 180processmaybemade. |
|---|
| 1341 | | - | 181 (5)Ifinformationinaregistrationformchangesorotherwisebecomesinaccurate |
|---|
| 1342 | | - | 182afterfiling,thebrokershallnotberequiredtofileafurtherregistrationformpriortothetime |
|---|
| 1343 | | - | 183ofrenewal. |
|---|
| 1344 | | - | 184 (6)Everybrokershallobtainasuretybondissuedbyasuretycompanyauthorizedto |
|---|
| 1345 | | - | 185dobusinessinthisstate.Theamountofthebondshallbetenthousanddollars.Thebond |
|---|
| 1346 | | - | 186shallbeinfavorofthestateofMissouri.Anypersondamagedbythebroker'sbreachof |
|---|
| 1347 | | - | 187contractorofanyobligationarisingtherefrom,orbyanyviolationofthissection,maybring |
|---|
| 1348 | | - | 188anactionagainstthebondtorecoverdamagessuffered.Theaggregateliabilityofthesurety |
|---|
| 1349 | | - | 189shallbeonlyforactualdamagesandinnoeventshallexceedtheamountofthebond. |
|---|
| 1350 | | - | HB707 37 190 (7)Employeesregularlyemployedbyabrokerwhohascompliedwiththissubsection |
|---|
| 1351 | | - | 191shallnotberequiredtofilearegistrationorobtainasuretybondwhenactingwithinthescope |
|---|
| 1352 | | - | 192oftheiremploymentforthebroker. |
|---|
| 1353 | | - | 193 6.(1)Anypersonwhoviolatesanyprovisionofthissectionshallbepunishedbya |
|---|
| 1354 | | - | 194fineoffivehundreddollarsperincident,nottoexceedtwentythousanddollars,forall |
|---|
| 1355 | | - | 195aggregatedviolationsarisingfromtheuseofthetransactiondocumentationormaterials |
|---|
| 1356 | | - | 196foundtobeinviolationofthissection.Anypersonwhoviolatesanyprovisionofthissection |
|---|
| 1357 | | - | 197afterreceivingwrittennoticeofapriorviolationfromtheattorneygeneralshallbepunished |
|---|
| 1358 | | - | 198byafineofonethousanddollarsperincident,nottoexceedfiftythousanddollars,forall |
|---|
| 1359 | | - | 199aggregatedviolationsarisingfromtheuseofthetransactiondocumentationormaterials |
|---|
| 1360 | | - | 200foundtobeinviolationofthissection. |
|---|
| 1361 | | - | 201 (2)Violationofanyprovisionofthissectionshallnotaffecttheenforceabilityor |
|---|
| 1362 | | - | 202validityoftheunderlyingagreement. |
|---|
| 1363 | | - | 203 (3)Thissectionshallnotcreateaprivaterightofactionagainstanypersonorother |
|---|
| 1364 | | - | 204entitybaseduponcomplianceornoncompliancewithitsprovisions. |
|---|
| 1365 | | - | 205 (4)Authoritytoenforcecompliancewiththissectionisvestedexclusivelyinthe |
|---|
| 1366 | | - | 206attorneygeneralofthisstate. |
|---|
| 1367 | | - | 207 7.Therequirementsofsubsections3and5ofthissectionshalltakeeffectupon |
|---|
| 1368 | | - | 208either: |
|---|
| 1369 | | - | 209 (1)Sixmonthsafterthedivisionoffinancefinalizespromulgatingrules,ifthe |
|---|
| 1370 | | - | 210divisionintendstopromulgaterules;or |
|---|
| 1371 | | - | 211 (2)February28,2025,ifthedivisiondoesnotintendtopromulgaterules. |
|---|
| 1372 | | - | 212 8.Thedivisionoffinancemaypromulgaterulesimplementingthissection.Ifthe |
|---|
| 1373 | | - | 213divisionoffinanceintendstopromulgaterules,itshalldeclareitsintenttodosonolaterthan |
|---|
| 1374 | | - | 214February28,2025.Anyruleorportionofarule,asthattermisdefinedinsection536.010, |
|---|
| 1375 | | - | 215thatiscreatedundertheauthoritydelegatedinthissectionshallbecomeeffectiveonlyifit |
|---|
| 1376 | | - | 216complieswithandissubjecttoalloftheprovisionsofchapter536and,ifapplicable,section |
|---|
| 1377 | | - | 217536.028.Thissectionandchapter536arenonseverableandifanyofthepowersvestedwith |
|---|
| 1378 | | - | 218thegeneralassemblypursuanttochapter536toreview,todelaytheeffectivedate,orto |
|---|
| 1379 | | - | 219disapproveandannularulearesubsequentlyheldunconstitutional,thenthegrantof |
|---|
| 1380 | | - | 220rulemakingauthorityandanyruleproposedoradoptedafterAugust28,2024,shallbeinvalid |
|---|
| 1381 | | - | 221andvoid. |
|---|
| 10 | + | SectionA.Chapter570,RSMo,isamendedbyaddingtheretoonenewsection,tobe |
|---|
| 11 | + | 2knownassection570.148,toreadasfollows: |
|---|