Effective - 28 Aug 1939
357.050. Limit of shares. — No shareholder in any such association shall own shares of a greater aggregate par value than ten percent of the aggregate par value of all shares of stock of such association.
--------
(RSMo 1939 § 14413)
Prior revisions: 1929 § 12755; 1919 § 10253
Structure Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 357 - Cooperative Companies
Section 357.015 - Housing cooperative, defined, limitations.
Section 357.020 - Articles of incorporation — filing — certificate.
Section 357.030 - Amendments to articles — change in number of authorized shares — fees.
Section 357.040 - Issuance of common and preferred stock.
Section 357.050 - Limit of shares.
Section 357.060 - Fees for incorporation.
Section 357.070 - Fees of recorder of deeds.
Section 357.080 - Management by board — election — removal.
Section 357.090 - Election of directors.
Section 357.100 - Business policies — control — vote.
Section 357.110 - Proxies, how voted.
Section 357.120 - Stock, who may purchase.
Section 357.130 - Method of distribution of earnings of association — provisions of bylaws.
Section 357.140 - Auditing of books annually.
Section 357.150 - Use of funds.
Section 357.160 - Private property exempt.
Section 357.170 - Prior cooperative associations.