Revisor Home

Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Chapter 351

previous next Effective - 28 Aug 2011bottom

  351.1018.  Amendment of articles, procedure. — 1.  Unless otherwise set forth in the articles or bylaws, the articles may be amended as follows:

  (1)  The board, by majority vote, shall pass a resolution stating the text of the proposed amendment, a copy of which shall be forwarded by mail or otherwise distributed with a regular or special members' meeting notice to each member.  The notice shall designate the time and place of the members' meeting at which the proposed amendment is to be considered and voted on by the members;

  (2)  At a meeting where a quorum of the members is registered as being present or represented by alternative ballot, the proposed amendment shall be adopted:

  (a)  If approved by a majority of the votes cast; or

  (b)  For a cooperative with articles or bylaws requiring more than majority approval or other conditions for approval, the amendment is approved by a proportion of the votes cast or a number of total members as required by the articles or bylaws and the conditions for approval as set forth in the articles or bylaws, if any, have been satisfied.

  2.  (1)  Upon approval of an amendment under subsection 1 of this section, articles of amendment shall then be prepared stating:

  (a)  The name of the cooperative;

  (b)  The effective date of the amendment, if the effective date is not the date of filing with the secretary of state;

  (c)  The text of the amendment; and

  (d)  A statement that the amendment has been duly authorized in accordance with the cooperative's articles and bylaws and sections 351.1000 to 351.1228.

  (2)  The articles of amendment shall be signed by an authorized officer of the cooperative or a member of the board.

  3.  The articles of amendment shall be filed with the secretary of state with a filing fee of twenty dollars, and provided such articles of amendment shall meet the requirements found in this section, shall be effective as of the date of filing, unless a later date is specified therein.  Upon acceptance and filing by the secretary of state, the secretary of state shall stamp the articles of amendment as "Filed" and shall cause the issuance of a certificate of amendment, which shall then be forwarded to the party filing the articles of amendment and held and filed by the secretary of state with the records of the cooperative.

­­--------

(L. 2011 S.B. 366)


---- end of effective   28 Aug 2011 ----

use this link to bookmark section  351.1018


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

Site changes Contact
Other Links
Oversight Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@07:06:44.7 25 :)