274.150. Decisions by directors referred to members, how. — Upon demand of one-third of the entire board of directors, made at the same meeting at which the original motion was passed immediately and so recorded, any matter of policy that has been approved or passed by the board must be referred to the entire membership or the stockholders for decision at the next special or regular meeting; and a special meeting may be called for the purpose.
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(RSMo 1939 § 14347)
Prior revision: 1929 § 12689
---- end of effective 28 Aug 1939 ----
use this link to bookmark section 274.150
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