☰ Revisor of Missouri

Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Chapter 355

< > Effective - 01 Jul 1995, see footnote bottom

  355.121.  Emergency bylaws and powers. — 1.  Unless the articles provide otherwise, the directors of a corporation may adopt, amend or repeal bylaws to be effective only in an emergency defined in subsection 4 of this section.  The emergency bylaws, which are subject to amendment or repeal by the members, may provide special procedures necessary for managing the corporation during the emergency, including:

  (1)  How to call a meeting of the board;

  (2)  Quorum requirements for the meeting; and

  (3)  Designation of additional or substitute directors.

  2.  All provisions of the regular bylaws consistent with the emergency bylaws remain effective during the emergency.  The emergency bylaws are not effective after the emergency ends.

  3.  Corporate action taken in good faith in accordance with the emergency bylaws binds the corporation.

  4.  An emergency exists for purposes of this section if a quorum of the corporation's directors cannot readily be assembled because of some catastrophic event.

­­--------

(L. 1994 H.B. 1095)

Effective 7-01-95


---- end of effective  01 Jul 1995 ----

use this link to bookmark section  355.121


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. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@03:04:39.8 25 :)