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Timestamp: 2013-05-24 05:22:01
Document Index: 258395334

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Missouri Laws > Title XXIII > Chapter 351 - General and Business Corporations :: Lawserver LawServer - Laws, Legal Information and Lawyers
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Missouri Laws > Title XXIII > Chapter 351 - General and Business Corporations Missouri Laws > Title XXIII > Chapter 351 - General and Business CorporationsCurrent as of: 2009Check for updates§ 351.010Title of Law§ 351.015Definitions§ 351.017Independent legal significance doctrine applicable to sections in this chapter§ 351.020What corporations may organize under this law§ 351.025Corporation organized under special law may file certification of acceptance of this law§ 351.030Organization of street railroad, telegraph and telephone corporations, booming and rafting corporations§ 351.035Bridge corporations--organization--powers§ 351.040Use of streets by bridge corporations--damages to abutting property§ 351.045Condemnation of lands and easements of light and air--procedure§ 351.046Filing requirements--filing signifies document is correct§ 351.047Forms§ 351.048Effective dates of filing of documents--delayed effective date§ 351.049Correcting filed documents--fee§ 351.050Incorporators, duties--ownership and acquisition of shares, how construed§ 351.051Documents filed, when--refusal to file--duty to file§ 351.053Liability for preincorporation transactions§ 351.055Articles of incorporation, required contents--optional contents§ 351.060Filing of articles of incorporation--certificate of incorporation§ 351.065Incorporation tax or fee§ 351.075Certificate of incorporation is evidence of corporate existence§ 351.076Certificate of good standing§ 351.080First meeting and organization of board§ 351.085Amendment of articles of incorporation permitted§ 351.090Articles of incorporation, how amended§ 351.093Certain shareholders must be permitted to vote, when§ 351.095Certificate of amendment, contents of§ 351.100Certificate of amendment, secretary of state to file and certify, when§ 351.105When amendment shall become effective§ 351.106Restatement of articles of incorporation§ 351.107Restated articles of incorporation may be amended at time of restatement§ 351.110Name of corporation regulated§ 351.115Reservation of right to exclusive use of corporate name, time period§ 351.120Corporate registration report required, when--change in registered office or agent to be filed with report§ 351.122Option of biennial filing of corporate registration reports§ 351.125Fees§ 351.127Additional fee--expiration date§ 351.140Registration, form--subject to false declaration penalties--notice on form required§ 351.145Notice provided for corporate registration report§ 351.150Failure to comply not excused for lack of notice§ 351.155Duplicate forms, when furnished§ 351.156Evidentiary effect of copy of filed document§ 351.160Shares or bonds shall be for money paid, labor or property actually received--bonded indebtedness, how incurred§ 351.165Note or obligation not to be considered payment for original issue shares--corporation shall not lend money to shareholder for purchase of shares--liability§ 351.170Expenses of organization or reorganization, how paid§ 351.175Subscriptions for shares--payment--failure to pay--notice for payment or forfeiture§ 351.180Power to issue shares--preferences--procedure--redemption of stock by corporation, requirements--amended certificate of designation for classes or series adversely affecting holders, majority vote of holders required§ 351.182Stock warrants, options--terms--consideration§ 351.185Consideration for shares--exchange or conversion of shares§ 351.190A corporation may determine that only a part of the consideration for which shares may be issued shall be stated capital, when§ 351.195Reduction of stated capital, how made§ 351.200Redemption or purchase of own shares--retirement of shares§ 351.205Preferred shares issued before November 21, 1943, without redemption provisions, how redeemed§ 351.210Paid-in surplus--its distribution and restrictions§ 351.215Books and records, minutes of meeting--shareholder's right to examine--acquiring person's demand deemed proper, when--penalty§ 351.220Payment of dividends on shares of stock§ 351.225Shareholders' meetings prescribed by bylaws§ 351.230Shareholders' meetings--notice of, how given, contents of§ 351.235Meetings, how convened--vote inspectors, when appointed, duties of§ 351.240Inspector's oath§ 351.245Shares, how voted--control share acquisition proxies, valid when, requirements, shareholder may authorize another person to act as proxy, procedure--electronic transmission defined§ 351.246Shareholders may create voting trust§ 351.250Transfer books closed, when§ 351.255Officer to make list of shareholders entitled to vote§ 351.260Voting of shares standing in name of another corporation, domestic or foreign--deceased person's shares--receivers--pledges§ 351.265Quorum of outstanding shares--representation by proxy--representation of false proxy, penalty§ 351.267Five percent of shares of telephone company constitutes quorum, when--powers of quorum--directors, election by districts authorized§ 351.268Shareholder's meeting, adjournment due to lack of quorum--postponement, adjournment defined§ 351.270Bylaws may require concurrence of greater portion of shares than statutes require§ 351.273Corporate action may be taken without meeting by written consents§ 351.275Limitation of shareholder's obligation to corporation or its creditors§ 351.280When execution may be levied against shareholders§ 351.285Secretary shall give names and addresses of shareholders to officers holding executions against corporation§ 351.290Bylaws, how adopted and amended§ 351.295Stock certificate, form, contents, authorized signatures§ 351.300Fractional shares, how issued§ 351.305Preemptive right of shareholder to acquire additional shares, limited, how§ 351.310Board of directors, powers, qualifications, compensation§ 351.315Number of directors, how elected, how removed§ 351.317Directors of corporations, removal of, when, how§ 351.320Board vacancy, how filled§ 351.323Provisional director appointed by court, when--qualifications, compensation, powers, removal§ 351.325Board, quorum§ 351.327Financial interest of corporate officers, effect on contracts with corporations--directors setting their own compensation not a conflict of interest, exception§ 351.330Two or more directors shall constitute committee, when§ 351.335Board meetings, where and how held§ 351.340Board meetings, where and how held§ 351.345Liability of directors§ 351.347Acquisition proposals, board may make recommendation§ 351.355Officer, director, employee, or agent of corporation indemnified, when, methods authorized§ 351.360Officers--how chosen--powers and duties§ 351.365Removal of officer or agent, when§ 351.370Registered office and registered agent§ 351.375Change of address of registered office or agent, how made§ 351.376Resignation of agent§ 351.380Process served on registered agent§ 351.385Powers of corporation§ 351.386Purposes§ 351.387Definitions§ 351.388Private and public corporations authorized to apply for and operate foreign trade zones§ 351.390Corporation's powers to purchase, hold, transfer or dispose of its own shares§ 351.395Conveyance of property not invalid because board of directors has exceeded corporation's powers--lack of capacity, power asserted, how§ 351.400Disposition of assets§ 351.405Rights of dissenting shareholder--sale or exchange of assets§ 351.407Control shares acquisition procedures--exceptions§ 351.410Merger procedure§ 351.415Consolidation procedure§ 351.420Merger plan to be submitted to shareholders, procedure§ 351.425Voting by shareholders on plan for merger or consolidation§ 351.430Summary of articles of merger or consolidation filed--contents§ 351.435Certain originals to be delivered to secretary of state who shall issue certificate of merger or consolidation§ 351.445Certificate of merger returned to surviving or new corporation§ 351.447Corporation holding ninety percent of the shares of another may merge without election, when§ 351.448Merger without shareholders' vote, when--requirements, results§ 351.450New status after merger or consolidation has been effected§ 351.455Shareholder entitled to appraisal and payment of fair value, when--remedy exclusive, when§ 351.458Merger or consolidation with foreign corporation--procedure§ 351.459Definitions--business combinations, requirements--permitted combinations--exceptions§ 351.461Merger of domestic corporation§ 351.462Dissolution by incorporators or initial directors§ 351.464Dissolution by board of directors and shareholders§ 351.466Dissolution by consent of all shareholders§ 351.467Filing for discontinuation of certain corporations--procedure§ 351.468Articles of dissolution§ 351.474Revocation of dissolution§ 351.476Effect of dissolution§ 351.478Known claims against dissolved corporation§ 351.482Unknown claims against dissolved corporation§ 351.483Certain claims against insured dissolved corporations, limitations§ 351.484Grounds for administrative dissolution§ 351.486Procedure and effect of administrative dissolution§ 351.488Reinstatement following dissolution--name of reinstated corporation--administrative dissolution, effect of§ 351.492Appeal from denial of reinstatement§ 351.494Grounds for judicial dissolution§ 351.496Procedure for judicial dissolution§ 351.498Receivership or custodianship§ 351.502Decree of dissolution§ 351.504Deposit with state treasurer§ 351.522Request for termination--contents--fees§ 351.526Certain corporations, directors and officers as trustees§ 351.572Authority to transact business required§ 351.574Consequences of transacting business without authority§ 351.576Application for certificate of authority§ 351.578Amended certificate of authority§ 351.582Effect of certificate of authority§ 351.584Corporate name of foreign corporation§ 351.586Registered office and agent of foreign corporation§ 351.588Change of registered office of agent of foreign corporation§ 351.592Resignation of registered agent of foreign corporation§ 351.594Service on foreign corporation§ 351.596Withdrawal of foreign corporation, procedure§ 351.598Revocation§ 351.602Procedure and effect of revocation§ 351.604Reinstatement of revoked certificate--appeal of revocation§ 351.606Statutory merger, foreign corporation, filing required§ 351.608No prior approval by state agency necessary for acquisition of stocks and bonds by foreign corporations, when§ 351.609Records possessed by corporations providing certain services to the public, definitions--applicability of section--records provided under subpoena or warrant--accelerated or extended time for production of records--motion to quash--authenticity verified--§ 351.655Waiver of notice equivalent to giving of notice§ 351.657Abstract of corporate or registration record, fee--certification by secretary of state, fee--no fees, who--public inspection authorized--information by telephone, what given§ 351.658Fees for corporate filings with secretary of state§ 351.660Power and authority of secretary of state§ 351.665Secretary of state may examine books and records--penalty for disclosing information§ 351.670Disapproval of articles of incorporation, amendment, merger--forfeiture of certificate of authority--review§ 351.675Fees paid to director of revenue§ 351.680Deposit of registration moneys§ 351.685Administrative personnel--compensation§ 351.690Applicability of chapter to certain corporations§ 351.695Law not to affect rights, privileges, immunities and franchises, suits pending, under provisions of prior laws§ 351.700Powers of general assembly§ 351.705No exemption from antitrust law§ 351.710Penalty for refusal to exhibit books and records§ 351.713Penalty for signing false documents§ 351.715Penalty for violations§ 351.720Punishment when convicted of misdemeanor§ 351.750Application of law§ 351.755Definition--election of status§ 351.760Notice of status on issued shares§ 351.765Share transfer prohibition§ 351.770Share transfer after first refusal by corporation§ 351.775Attempted share transfer in breach of prohibition§ 351.780Compulsory purchase of shares after death of shareholder§ 351.785Exercise of compulsory purchase right§ 351.790Court action to compel purchase§ 351.800Shareholder agreements§ 351.805Elimination of board of directors§ 351.810Bylaws§ 351.815Annual meeting§ 351.820Execution of documents in more than one capacity§ 351.825Limited liability§ 351.830Merger--share exchange--sale of assets§ 351.835Termination of close corporation status§ 351.840Effect of termination of close corporation status§ 351.845Shareholder option to dissolve corporation§ 351.850Court action to protect shareholders§ 351.855Ordinary relief§ 351.860Extraordinary relief--share purchase§ 351.865Extraordinary relief--dissolution§ 351.870Definitions§ 351.875Grounds for shareholder dissent§ 351.880Rights of partial dissenter§ 351.885Meeting notice to state shareholder may be entitled to assert dissenters' rights§ 351.890Written notice of intent to demand payment for shares§ 351.895Written dissenters' notice--contents§ 351.900Shareholder to demand payment and deposit certificates§ 351.905Restricted transfer of uncertificated shares§ 351.910Payment for fair value of shares§ 351.915Time period--release of transfer restrictions§ 351.920Withholding of payment from dissenter--grounds§ 351.925Right to demand payment--notification of fair value§ 351.930Proceeding to determine fair value of shares§ 351.935Participation in administrative proceedings________________________________________________________________________
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