Section 379.590

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 379

Effective - 28 Aug 1939   

  379.590.  Content of articles of association. — When any such company desires to avail itself of the provisions of sections 379.585 to 379.625, the directors thereof shall draw up articles of association which shall set forth

  (1)  The name of the company;

  (2)  The place where the principal office for the transaction of business shall be located;

  (3)  The specific kind of business it proposes to transact;

  (4)  The manner in which the corporate powers granted under the general insurance statutes shall be exercised, showing the number of directors, which shall not be more than thirteen nor less than nine, and such other particulars as may be necessary to make manifest the objects and purposes of the corporation; provided, however, that the name of the corporation shall not be changed, nor shall the object or plan of business embrace any others than those designated in the existing charter, nor embrace more than under the general insurance statutes of this state can be carried on by any one corporation.

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(RSMo 1939 § 5942)

Prior revisions: 1929 § 5831; 1919 § 6241; 1909 § 7032