☰ Revisor of Missouri


Chapter 361

< > Effective - 28 Aug 1939 bottom

  361.580.  Director shall call stockholders' meeting after creditors are paid in full — proceedings at such meeting. — 1.  Whenever the director shall have paid to each creditor of any stock corporation whose claim has been duly proved the full amount of such claim, and shall have made proper provision for claims in litigation and not finally determined, and shall have paid all the expenses of liquidation, he shall call a meeting of the stockholders of such corporation by causing notice of the time and place of such meeting to be published at least once a week for three successive weeks in one or more newspapers selected by him and published in the county or city where the principal office of such corporation is located.

  2.  At such meeting, the stockholders shall determine whether the director shall continue as liquidator to wind up the affairs of such corporation, or whether the stockholders themselves shall elect an agent or agents for that purpose.

  3.  In determining these matters, the stockholders shall vote by ballot in person or by proxy.  Each share of stock shall be entitled to one vote and the vote of a majority of the issued stock shall be necessary to a determination.


(RSMo 1939 § 7935)

Prior revisions: 1929 § 5340; 1919 § 11723

---- end of effective  28 Aug 1939 ----

use this link to bookmark section  361.580

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. 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
Missouri Senate
State of Missouri
Missouri House