Missouri § 351.1192 - Involuntary dissolution, when.
Full text of Missouri Revised Statutes of Missouri § 351.1192 — Involuntary dissolution, when., with citation guidance and answers to common questions.
§ 351.1192. Involuntary dissolution, when.
1. A cooperative may be dissolved involuntarily by a decree of a court in this state in an action filed by the attorney general if it is established that:
(1) The articles and certificate of organization were procured through fraud;
(2) The cooperative was organized for a purpose not permitted by sections 351.1000 to 351.1228 or prohibited by state law;
(3) The cooperative has flagrantly violated a provision of sections 351.1000 to 351.1228, has violated a provision of sections 351.1000 to 351.1228 more than once, or has violated more than one provision of sections 351.1000 to 351.1228; or
(4) The cooperative has acted, or failed to act, in a manner that constitutes surrender or abandonment of the cooperative's privileges, or enterprise.
2. An action may not be commenced under subsection 1 of this section until forty-five days after notice to the cooperative by the attorney general of the reason for the filing of the action. If the reason for filing the action is an act that the cooperative has committed, or failed to commit, and the act or omission may be corrected by an amendment of the articles or bylaws or by performance of or abstention from the act, the attorney general shall give the cooperative thirty additional days to make the correction before filing the action. If the cooperative makes the correction within such thirty-day period, the attorney general shall not file the action.
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(L. 2011 S.B. 366)
---- end of effective 28 Aug 2011 ----
Frequently Asked Questions About Missouri § 351.1192
What does Revised Statutes of Missouri § 351.1192 cover?
Section 351.1192 ("Involuntary dissolution, when.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 351.1192?
A common citation format is "Revised Statutes of Missouri § 351.1192" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 351.1192 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.