Missouri Revised Statutes
Chapter 371 - Development Finance Corporations
Section 371.200 - Stockholders not to have preemptive rights.

Effective - 28 Aug 1961
371.200. Stockholders not to have preemptive rights. — The holders of capital stock as such shall have no preemptive or preferential right to purchase or subscribe for any part of the unissued capital stock of the corporation of any class or for any new issue of stock of any class, whether now or hereafter authorized or issued, or to purchase or subscribe for any bonds or other obligations, whether or not convertible into stock of any class of the corporation, now or hereafter authorized or issued.
­­--------
(L. 1961 p. 157 § 18)

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.