275.070. Capital stock to be divided into shares — value of stock. — 1. That associations organized under the provisions of this chapter shall have a capital stock divided into shares having a par value, or having no par value, as the incorporators in their articles of association may determine.
2. If such shares have a par value, the par value thereof shall not be less than ten dollars nor more than one hundred dollars, and if such shares have no par value, they may be issued to the incorporators and others at not less than ten dollars nor more than one hundred dollars per share, as shall be determined by the incorporators in their articles of association.
--------
(RSMo 1939 § 14371)
Prior revision: 1929 § 12713
---- end of effective 28 Aug 1939 ----
use this link to bookmark section 275.070
Effective dates prior to 1940 may not be the actual effective date. See FAQ 'When do laws become effective?'
|
|
|||
| Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law | |||
| In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. |
|
||
|
|
|||
| Recent Sections | Editorials | May Be Cited As | Tables & Forms | Multiple Enact |
| Repeal & Transfer | Definitions | End Report | ||
|
|
||||
| Site changes | Pictures | Contact | ||
| Legislative Research | Oversight | MOLIS | |||
| Library | MO WebMasters |
| Errors / suggestions - WebMaster@LR.mo.gov |
|
©Missouri Legislature, all rights reserved. | |||||||
|
|
|
|
|
|||||
