{"data":{"id":"us-mo/mo.-rev.-stat.-369.699","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 369.699","heading":"Limits on investment.","body":"1. A savings bank may not invest more than forty percent of its total assets in commercial loans. A commercial loan is a loan for business, commercial, corporate or agricultural purposes.\n2. A savings bank shall maintain at least fifteen percent of its assets in assets and investments taken from the following categories:\n(1) First and second lien residential mortgage loans or foreclosed residential mortgage loans;\n(2) Home improvement loans;\n(3) Interim residential construction loans; and\n(4) Mortgage-backed securities.","path":["Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS","Chapter 369 - Savings and Loan Associations"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=369.699","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:27Z","sha256":"0b7b0d39e48cc31e65cfc409354ae6cac358409953f3e31da2118bcc34c9e1c2","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-369.695","next":"us-mo/mo.-rev.-stat.-369.703"},"notice":"GroundRules: Original legal text. Not legal advice."}