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Terms Used In Missouri Laws 361.280

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
  • Trustee: A person or institution holding and administering property in trust.

If any corporation, subject to the provisions of this chapter, shall refuse or fail, after due notice, to pay any assessment lawfully imposed upon it or him by the director; or if any such corporation or any officer, director, trustee, agent or employee of any such corporation shall refuse or fail, after due notice, to pay any penalty or forfeiture incurred under any provision of this chapter by such corporation, officer, director, trustee, agent or employee, or if any other corporation or person shall violate any of the provisions contained in this chapter, the director may in his discretion report the facts to the attorney general, who shall thereupon, in the name of the state at the relation and to the use of the director, institute such action or proceeding as the facts may warrant against such person, corporation, officer, director, trustee, agent or employee.