Missouri legislation · 2026 Regular Session
Missouri HB3336: Allows a financial institution that participates in the signature guarantee program to validate a medallion stamp signature
Status: In committee, May 15, 2026
What the bill says
To amend chapter 362, RSMo, by adding thereto one new section relating to signature guarantees on securities. Section A. Chapter 362, RSMo, is amended by adding thereto one new section, to be known as section 362.1125, to read as follows: 362.1125. 1. For purposes of this section, unless the context clearly indicates otherwise, the following terms (2) "Eligible guarantor institution", includes the following (b) "Broker and dealer", shall have the same meaning as in section 409.1-102; (c) "Credit union", a not-for-profit corporation organized for the purposes of encouraging thrift among its mem.
From the introduced text:
To amend chapter 362, RSMo, by adding thereto one new section relating to signature guarantees on securities. Section A. Chapter 362, RSMo, is amended by adding thereto one new section, to be known as section 362.1125, to read as follows: 362.1125. 1. For purposes of this section, unless the context clearly indicates otherwise, the following terms (2) "Eligible guarantor institution", includes the following (b) "Broker and dealer", shall have the same meaning as in section 409.1-102; (c) "Credit union", a not-for-profit corporation organized for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest, providing for the mutual benefit and general welfare of its members with the earnings, savings, benefits, and services being distributed to its members, for financial and financially related services, and for an opportunity for its members to improve their economic and social conditions; (d) National securities exchanges, registered securities associations, clearing agencies, as those terms are used under the federal Securities Exchange Act of 1934; (e) "Savings and loan holding company", shall have the same meaning as in section 369.086; EXPLANATION -- Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is intended to be omitted from the law. Matter in bold-face type in the above bill is proposed language. …