Revisor Home


Chapter 370

previous next Effective - 28 Aug 1982bottom

  370.354.  Vote required for approval — director may approve, when. — 1.  At each such meeting, a vote of the members or the shareholders entitled to vote shall be taken on the proposed plan of merger or consolidation.  The plan of merger or consolidation shall be approved upon receiving the affirmative vote of a majority of the members present and voting at the meeting of each of the credit unions, provided a quorum is present.

  2.  Upon the approval of the members, articles of merger or consolidation shall be submitted to the director of the division of credit unions, who shall approve the same if the merger or consolidation is made in conformity with the laws of this state and is in the best interest of the majority of the members thereof.


(L. 1955 p. 254, A.L. 1972 S.B. 502, A.L. 1982 H.B. 1099)

---- end of effective   28 Aug 1982 ----

use this link to bookmark section  370.354

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
Missouri Senate
State of Missouri
Missouri House

@16:24:36.9 26 :)