Missouri Code § 351.840

Effect of termination of close corporation status.
Open in Lexace · Ask the AI about this section
1. A corporation that terminates its status as a statutory close corporation is thereafter subject to all provisions of this chapter other than sections 351.750 to 351.865 or, if incorporated under chapter 356 , to all provisions of that law.
2. Termination of statutory close corporation status does not affect any right of a shareholder or of the corporation under an agreement or the articles of incorporation unless sections 351.750 to 351.865 , chapter 356 , or another law of this state invalidates the right.

‹ Prev All Missouri sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.