20 CSR 1135-1.010
General Organization
PURPOSE: The purpose of this rule is to
comply with section 536.023, RSMo (1986)
which requires each agency to adopt as a rule
a description of its operation and the methods
where the public may obtain information or
make submissions or requests.
(1) The State Banking Board determines
appeals from certain decisions of the commissioner of finance, provides advice on
banking matters to the Division of Finance
and approves regulations promulgated by the
commissioner of finance.
(2) The State Banking Board is a bipartisan
board consisting of five (5) nonsalaried individuals appointed by the governor with the
advice and consent of the senate. Two (2) of
the board members are required to be
bankers, two (2) must be nonbankers and one
(1) of the five (5) board members must be an
attorney.
(3) The bank board meets to hear appeals
from certain decisions of the commissioner of
finance. The board considers appeals of the
commissioner’s decisions about certificates
of incorporation for new banks and trust companies, relocations of banks and trust companies to other communities and bank facilities.
(4) Information relating to the activities of the
State Banking Board may be directed to the
secretary of the State Banking Board, 301
West High Street, P.O. Box 716, Jefferson
City, MO 65102.
AUTHORITY: section 536.023, RSMo 1986.*
This rule originally filed as 4 CSR 50-1.010.
Original rule filed April 14, 1976, effective
Oct. 15, 1976. Amended: Filed March 16,
1977, effective Aug. 15, 1977. Amended:
Filed Aug. 18, 1987, effective Nov. 12, 1987.
Moved to 20 CSR 1135-1.010, effective Aug.
28, 2006.
*Original authority: 536.023, RSMo 1975, 1976, 1997.