Missouri Laws 351.270 – Bylaws may require concurrence of greater portion of shares than statutes ..
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Missouri Laws 351.270
- Articles of incorporation: includes the original articles of incorporation and all amendments thereto, and includes articles of merger or consolidation. See Missouri Laws 351.015
- 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.
Whenever with respect to any action to be taken by the shareholders of a corporation the articles of incorporation or provisions of the bylaws adopted by the shareholders require the vote or concurrence of the holders of a greater portion of the shares, or of any class or series thereof, than required by this chapter with respect to such action, the provisions of the articles of incorporation or such provisions of the bylaws adopted by the shareholders shall control.