361.266. Stay of suspension or prohibition, procedure. — Within ten days after any director, officer, or other person has been suspended from office, prohibited from participation in the conduct of the affairs of a corporation, or both, under subsection 4* of section 361.262, such director, officer, or other person may apply to the circuit court of the county in which the corporation is located or the circuit court of Cole County, for a stay of such suspension or prohibition pending the completion of the administrative proceedings pursuant to the notice served upon such director, officer, or other person under subsection 1 or 2 of section 361.262, and such court shall have jurisdiction to stay such suspension or prohibition.
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(L. 1985 H.B. 408 § 361.265 subsec. 5)
*Statutory reference to subsection "3" changed to "4" in accordance with section 3.060 based on renumbering in section 361.262 by S.B. 13, 2023.
---- end of effective 28 Aug 1985 ----
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