Missouri Revised Statutes
Chapter 371 - Development Finance Corporations
Section 371.090 - Amendment of articles, procedure — when effective.

Effective - 28 Aug 2011
371.090. Amendment of articles, procedure — when effective. — 1. The articles of incorporation may be amended by a majority vote of the stockholders at any regular meeting or at a special meeting called for that purpose.
2. Articles of amendment signed by the president or vice president and attested by the secretary certifying to the amendment and its lawful adoption shall be executed, acknowledged and filed with the director of finance and, when approved by the state banking and savings and loan board, recorded with a certificate of the director of finance approving the articles of amendment, in the same manner as the original articles of incorporation. As soon as the director of finance issues his certificate of amendment the amendment is in effect.
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(L. 1961 p. 157 § 13, A.L. 1963 p. 478, A.L. 2011 H.B. 464)

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXIV - Business and Financial Institutions

Chapter 371 - Development Finance Corporations

Section 371.010 - Purpose of chapter.

Section 371.020 - Number of incorporators required.

Section 371.030 - Director of finance to investigate and approve proposed articles.

Section 371.040 - Organization may be completed after approval.

Section 371.050 - Certificate of organization to be filed — contents.

Section 371.060 - State banking and savings and loan board to direct issuance of certificate of incorporation, when.

Section 371.070 - Corporate existence begins, when — recording of articles.

Section 371.080 - Articles of incorporation — contents.

Section 371.090 - Amendment of articles, procedure — when effective.

Section 371.100 - Stockholders' meetings — election of directors — voting rights.

Section 371.110 - Board of directors to manage corporation — number, terms.

Section 371.120 - Members of corporation to be financial institutions — loans by members, limits.

Section 371.130 - Powers of corporation.

Section 371.140 - Development finance corporations subject to chapter 351 and have corporate powers and rights.

Section 371.150 - Accumulation of earned surplus, requirements.

Section 371.160 - Limit on obligations, exceptions.

Section 371.170 - Deposits and loans of funds, regulation — not to receive deposits.

Section 371.180 - Limitation on lending powers.

Section 371.190 - Examination by director of finance — reports.

Section 371.200 - Stockholders not to have preemptive rights.

Section 371.210 - Interest paid exempt from intangible and income taxes.

Section 371.220 - Corporate income exempt from income tax.

Section 371.230 - Compromise, arrangement or plan of reorganization, how adopted — effect.

Section 371.240 - Dissolution, when authorized — procedure.

Section 371.250 - Corporations and banks may own stock or securities of company, securities exempt.