Effective - 28 Aug 1983
369.094. Meetings, when, notice, voting. — 1. An annual meeting of the members of each mutual association shall be held on a date fixed by the bylaws of the association or, if none is so fixed, on the fourth Monday in March. A failure to hold the annual meeting at the time so specified shall not work a forfeiture or dissolution of the association. Special meetings may be called by the board of directors, the president, or the secretary upon the written request of members entitled to cast at least one-tenth of all the votes which all members are entitled to cast at the particular meeting, or by such other officers or persons as may be provided in the bylaws.
2. Notice of the annual meeting of members shall be published once not less than ten days nor more than thirty days before the date of the meeting in a newspaper published in the city or county where the principal office of the association is located. Notice for any special meeting shall be so published once not less than ten nor more than thirty days before the date of the meeting. All notices shall state the place, day and hour, and if a special meeting of members, the purpose of the meeting. The purpose of an annual meeting need be stated in the notice only to the extent required by other provisions of sections 369.010 to 369.369.
3. Each member shall have one vote plus an additional vote for each one hundred dollars or fraction thereof of the withdrawal value of the accounts of such member in excess of one hundred dollars. The association may by its bylaws limit the number of votes to which any member may be entitled.
4. Any number of the members present in person or by proxy at any meeting shall constitute a quorum for the transaction of business. A majority of all votes cast at any meeting of members shall determine any question unless sections 369.010 to 369.369 specifically provide otherwise. A proxy not limited as to duration shall continue in effect until revoked in writing and in case of death or mental incapacity of the member until notice thereof is received by the association in writing. Proxies shall be filed with the secretary of the association not less than five days before the meeting.
5. Accounts standing in the name of a fiduciary may be voted either in person or by proxy of the fiduciary. A member whose account is pledged is entitled to vote, in person or by proxy, until the account has been transferred on the books of the association and thereafter the transferee shall be entitled to vote in person or by proxy.
6. Except as provided in this chapter all meetings of the stockholders of capital stock associations shall be held as prescribed and shall be governed by the provisions of the general and business corporation law of Missouri.
--------
(L. 1971 S.B. 3 § 18, A.L. 1982 S.B. 464, A.L. 1983 S.B. 44 & 45)
Structure Missouri Revised Statutes
Title XXIV - Business and Financial Institutions
Chapter 369 - Savings and Loan Associations
Section 369.010 - Short title.
Section 369.014 - Definitions.
Section 369.019 - Incorporation, requirements, procedure, contents of petition, fees.
Section 369.029 - Perpetual existence, when commenced.
Section 369.034 - Incorporation fee, how computed, bond required.
Section 369.044 - Bylaws, when and how adopted — approval by members.
Section 369.059 - Amendment of articles of incorporation, procedure.
Section 369.064 - Failure to commence business within six months, effect of.
Section 369.069 - Conversion to federal association, procedure, effect of.
Section 369.074 - Conversion to state association, procedure, effect of.
Section 369.084 - Merger, effect of.
Section 369.089 - Dissolution.
Section 369.094 - Meetings, when, notice, voting.
Section 369.099 - Inspection of records, by whom — credit reporting, allowed when.
Section 369.104 - Publication of financial statement.
Section 369.109 - Directors, election, powers, qualifications, meetings.
Section 369.129 - Association records, how kept.
Section 369.134 - Reserve account required.
Section 369.139 - Emergency rules and regulations, when.
Section 369.144 - Powers of an association.
Section 369.145 - Safe deposit boxes, same rights, powers and duties as bank and trust companies.
Section 369.159 - Fee or service charge authorized.
Section 369.161 - Savings and loan association or savings bank may act as custodian, when.
Section 369.164 - Attorney in fact, association may recognize, when.
Section 369.169 - Minors, association may treat as an adult, when.
Section 369.174 - Joint tenants' accounts, how handled.
Section 369.179 - Accounts in trust, how handled.
Section 369.184 - Fiduciary accounts, how handled.
Section 369.191 - Association may own or control safety vault.
Section 369.192 - Remedies in enforcement of liabilities and right of renters of safe deposit boxes.
Section 369.194 - Accounts declared legal investments for fiduciaries.
Section 369.204 - Earnings of accounts, how determined and distributed.
Section 369.211 - Joint renters of safe deposit box — survivor's rights.
Section 369.212 - Death of all lessees of safe deposit box, duties of association.
Section 369.214 - Redemption of accounts, how and when, effect of.
Section 369.219 - Approved investments.
Section 369.224 - Association to maintain liquid assets — minimum percentage, how set.
Section 369.229 - Approved transactions and loans.
Section 369.234 - Preference given association holding first lien.
Section 369.249 - Director may regulate lending practices.
Section 369.254 - Association may invest in real property and mobile homes, when.
Section 369.259 - Unapproved transfer of encumbered property, effect of.
Section 369.279 - Examiners, appointment, duties — attorney authorized.
Section 369.299 - Powers and duties of director.
Section 369.301 - Rulemaking, procedure.
Section 369.314 - Powers and duties of board.
Section 369.334 - Reports may be required — examiners to have access to records.
Section 369.339 - Director to take over association, when — procedure.
Section 369.344 - Powers of director during take-over of association.
Section 369.349 - Liquidation by director, procedure.
Section 369.364 - Federal associations may have same powers as state associations.
Section 369.367 - Other provisions of law, applicable, when.
Section 369.369 - Penalty for false statement or certificate.
Section 369.670 - Definitions.
Section 369.675 - Savings bank, establishment — articles of agreement, requirements.
Section 369.684 - Examination required, expenses.
Section 369.689 - Certificate of organization, recorded.
Section 369.695 - Powers of savings bank — taxed, how.
Section 369.699 - Limits on investment.
Section 369.703 - Merger — conversion — trust powers — director's powers.