1. Except as authorized by subsections 2, 3 and 4 of this section, a corporation shall not make any distributions. 2. A mutual benefit corporation may purchase its memberships if after the purchase is completed: (1) The corporation would be able to pay its debts as they become due in the usual course of its activities; and (2) The corporation's total assets would at least equal the sum of its total liabilities. 3. Corporations may make distributions upon dissolution in conformity with sections 355.666 to 355.746 . 4. Business entities established for the purpose of providing insurance pursuant to sections 537.620 and 537.635 may make distributions in conformity with those sections.
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