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Code · Missouri · Chapter 351

351.750. Application of law.

162 words·~1 min read·/mo/chapter-351/351-750

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351.750. Application of law. — 1. The provisions of this chapter apply to statutory close corporations to the extent not inconsistent with the provisions of sections 351.750 to 351.865 .
2. Sections 351.750 to 351.865 apply to professional corporations organized pursuant to chapter 356 whose articles of incorporation contain the statement required by subsection 1 of section 351.755 , except insofar as chapter 356 contains inconsistent provisions.
3. Sections 351.750 to 351.865 do not repeal or modify any statute or rule of law that is or would apply to a corporation that is organized pursuant to this chapter or chapter 356 and that does not elect to become a statutory close corporation pursuant to section 351.755 .
4. Sections 351.750 to 351.865 apply to all corporations electing statutory close corporation status as provided in section 351.755 after August 28, 1990, and are controlling in the absence of a valid agreement to the contrary.
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(L. 1990 H.B. 1432, A.L. 1996 S.B. 835)
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