Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 1105 - Credit Union Commission
Chapter 3 - Credit Union Membership and Chartering
Section 20 CSR 1105-3.011 - Definitions-Immediate Family and Household

Universal Citation: 20 MO Code of State Regs 1105-3.011

Current through Register Vol. 49, No. 6, March 15, 2024

PURPOSE: This rule defines terms that are used in Missouri credit union law, Chapter 370, RSMo, in the manner that they will be used by the Credit Union Commission and the Division of Credit Unions when implementing Chapter 370, RSMo.

(1) "Immediate family" is defined as spouse, child, sibling, parent, grandparent, grandchild, aunt, uncle, niece, nephew, first cousin, or legal guardian and includes step, in-law, and legally adoptive relationships.

(2) "Household" is defined as persons living in the same residence who maintain a single economic unit. Included in this definition is any person who is a member of and participates in the maintenance of the household.

*Original authority: 370.062, RSMo 1998; 370.063, RSMo 1998; and 370.080, RSMo 1939, amended 1984, 1985, 1991, 1998, 2007.

Disclaimer: These regulations may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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