☰ Revisor of Missouri

There are multiple enactments of 348.251

Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Chapter 348

< > Effective - 28 Aug 1994, 2 histories bottom

  *348.251.  Definitions — Missouri technology corporation may be established — corporation, defined — public hearing, notice. — 1.  As used in sections 348.251 to 348.266, the following terms mean:

  (1)  "Technology application", the introduction and adaptation of refined management practices in fields such as scheduling, inventory management, marketing, product development, and training in order to improve the quality, productivity and profitability of an existing firm.  Technology application shall be considered a component of business modernization;

  (2)  "Technology commercialization", the process of moving investment-grade technology from a business, university or laboratory into the marketplace for application;

  (3)  "Technology development", strategically focused research directed at developing investment-grade technologies which are important for market competitiveness.

  2.  The governor may, on behalf of the state and in accordance with chapter 355, establish a private not-for-profit corporation named the "Missouri Technology Corporation", to carry out the provisions of sections 348.251 to 348.266.  As used in sections 348.251 to 348.266 the word "corporation" means the Missouri technology corporation authorized by this section.  Before certification by the governor, the corporation shall conduct public hearing for the purpose of giving all interested parties an opportunity to review and comment upon the articles of incorporation, bylaws and method of operation of the corporation.  Notice of the hearing shall be given at least fourteen days prior to the hearing.

­­--------

(L. 1993 H.B. 566, A.L. 1994 H.B. 1248 & 1048)

*Revisor's Note:  This section is reprinted in accordance with section 3.066.  S.B. 7, First Extraordinary Session of the 96th General Assembly, 2011, amended this section.  S.B. 7 was declared unconstitutional as a violation of the single subject requirement of Article III, Section 23, of the Missouri Constitution (see annotation above), rendering the repeal and reenactment of this section ineffective.


---- end of effective  28 Aug 1994 ----

use this link to bookmark section  348.251


 - All versions
Effective End
348.251 2/3/2012
348.251 8/28/1994

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
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House